Group size reflects a balance between costs and benefits for members. Based on the figure, which of the following statements is false?     A. If there is a group of two individuals, a lone individual would benefit from joining the group, but the original members of the group would be harmed.   B. If there is a group of two individuals, a lone individual would benefit from joining the group and the original members of the group would benefit as well.   C. If there is a group of five individuals, a lone individual would benefit from joining the group, but the original members of the group would be harmed.   D. If there is a group of seven individuals, a lone individual joining the group would harm both the new group member and the original group member

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Group size reflects a balance between costs and benefits for members. Based on the figure, which of the following statements is false?

 

  A.

If there is a group of two individuals, a lone individual would benefit from joining the group, but the original members of the group would be harmed.

  B.

If there is a group of two individuals, a lone individual would benefit from joining the group and the original members of the group would benefit as well.

  C.

If there is a group of five individuals, a lone individual would benefit from joining the group, but the original members of the group would be harmed.

  D.

If there is a group of seven individuals, a lone individual joining the group would harm both the new group member and the original group members

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2
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7
8
Group size
Individual net benefit
(benefit – costs)
LO
Transcribed Image Text:1 2 3 4 7 8 Group size Individual net benefit (benefit – costs) LO
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