Economists Usually Assume That Consumers

question 25

Multiple Choice

Economists usually assume that consumers

• A)are poor judges of what is best for them.
• B)are motivated to maximize their utility.
• C)spend all of their current income.
• D)usually save as much as possible of their income.
• E)are motivated to maximize their profit.

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Definitions:

Job Dissatisfaction

A negative emotional response to one's job, often resulting from unmet expectations or discontent with work conditions.

Job Withdrawal

A situation where an employee disengages from their work role, which can manifest as absenteeism, reduced effort, or quitting the job.

Physical Examination

A medical checkup performed by a healthcare professional to assess an individual's general health or fitness for a particular purpose, like employment.