Social control through the enforcement of norms works because ?
Correct answer: B. individuals are anxious to be accepted
- A. everyone fears pain and embarrassment
- B. individuals are anxious to be accepted
- C. people need to be manipulated
- D. independent though and action are too hard
Explanation
Norms influence behaviour because people generally seek social approval and fear rejection or disapproval from others. Pain and embarrassment may occur in some sanctions, but social acceptance is the central mechanism.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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