What Is the Primary Assumption of Cost-Benefit Analyses as They

question 47

Multiple Choice

What is the primary assumption of cost-benefit analyses as they are applied to animal behavior?

• A) Animals have unlimited resources.
• B) An individual should engage in behaviors that cost more to perform than they bring in benefits.
• C) An individual should not engage in behaviors that cost more to perform than they bring in benefits.
• D) Living in groups provides more benefits than costs.
• E) Living in groups provides more costs than benefits.

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Definitions:

Quasi-contract

An obligation imposed by law in the absence of an agreement to prevent unjust enrichment.

Freedom of Contract

The principle that individuals have the liberty to freely enter into agreements and contracts without undue government interference.

Creators’ Obligations

Duties and responsibilities that creators, such as authors, artists, and designers, owe to their clients, sponsors, or the public, which may include originality, quality, and copyright adherence.

Promissory Estoppel

A legal principle that prevents a promisor from retracting a promise which the promisee relied on, leading to a detriment.