Which of the Following Is Not an Explanation for the Phenomenon

question 58

Multiple Choice

Which of the following is not an explanation for the phenomenon of groupshift?

• A) Discussion creates familiarization among members.
• B) Most first-world societies value risk.
• C) The group leader usually gets the credit or blame for the group action.
• D) The group diffuses responsibility.
• E) Group discussion motivates members to show their willingness to take risks.

---

Definitions:

Consumer Surplus

The discrepancy between what consumers are prepared and can afford to pay for a product or service versus what they end up paying in reality.

Willingness To Pay

The maximum amount an individual is prepared to spend on a good or service, which reflects the value they place on it.

Consumer Surplus

The variance between what consumers are prepared to pay for a product or service and the actual amount they end up paying.

Willingness To Pay

This is the maximum amount a consumer is prepared to spend on a good or service, reflecting the value the consumer places on it.