The correct answer is letter B
Utility theory is widely used in economic science to explain how consumers or decision makers make their choices in the best way.
Even if it is not possible to measure the utility that a consumer attributes to a specific good, the theory seeks to compare and classify the alternatives of choice to the good.
Answer:
Normal conformity
Explanation:
The brief summary states that Fiona cares about what her peers think and she adopts their feelings and views because it is all she knows. She's conforming through social influence.
2 plantation system of the Caribbean
Answer:
social loafing
Explanation:
Social loafing: In social psychology, the term social loafing is defined as the phenomenon in which an individual is prone to give less effort on a particular task if he or she is involved in a group rather than working alone.
When an individual tends to work in a group then he or she tends to improve his or her accomplishment on a particular task by enhancing his or her talent and skills in that particular group. Social loafing gets promoted through the size of the group.
In the question above, the decrease in Jerry’s effort would be best described in terms of social loafing.