A New Couple Is Completely Enamored with One Another

question 79

Multiple Choice

A new couple is completely enamored with one another.They each believe the other is more agreeable and affectionate than they actually are.What do you predict for the future of this couple based on research?

• A)Positive illusions about the partner can lead to the end of a relationship.
• B)Over time the truth will emerge and they'll end up hurt and alone.
• C)Relationships based on such falsehoods rarely last.
• D)This couple is likely to be happier over the long term as long as they maintain their positive illusions.
• E)This couple has a 50/50 shot just like every other couple.

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Definitions:

Marginal Cost

The added financial burden of producing another unit of a product or service.

Efficient Price

The price at which the supply of a good matches its demand, leading to an optimal distribution of resources in a market.

Consumer Surplus

Consumer surplus represents the discrepancy between what consumers are prepared and capable of spending for a product or service and the actual amount they end up paying.

Artificially Scarce Goods

Products or services whose availability is limited by the seller to increase demand or price, rather than by natural scarcity.