In General,which of the Following Statements Is an Accurate Description

question 37

Multiple Choice

In general,which of the following statements is an accurate description of economists' assumptions about households? Households

• A)make consistent decisions,maximize profits,and are the principal users of the factors of production.
• B)do not make consistent decisions,maximize satisfaction,and are the principal owners of the factors of production.
• C)do not make consistent decisions,maximize profits,and are the principal users of the factors of production.
• D)make consistent decisions,maximize utility,and are the principal owners of the factors of production.
• E)make consistent decisions,maximize savings,and are the principal users of the factors of production.

---

Definitions:

Fairly Compensated

Being remunerated or paid in a manner that is considered just, equitable, and appropriate based on one's role, contributions, and the context.

Skill Variety

The degree to which a job involves a range of different activities requiring the use of various skills and talents.

Job Characteristics Model

A theory that proposes five core job dimensions, leading to high job satisfaction, motivation, and performance.

Visible Outcome

A result or effect that is easily seen, noticed, or observed.