Cliff Believes That His Relationship with Kristi Provides as Many

question 185

Multiple Choice

Cliff believes that his relationship with Kristi provides as many rewards and as few costs as he expects in a relationship. Cliff considers himself fortunate, because he does not believe that he can get nearly as good an outcome with anyone else. Cliff can be described as having a __________ comparison level and a __________ comparison level for alternatives.

• A) high; high
• B) high; low
• C) low; high
• D) low; low

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Definitions:

Slope

A measure of the steepness, incline, or grade of a straight line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Capital

Resources, such as funds, equipment, and buildings, that are used in the production of goods and services.

Labor

Refers to the human effort, both physical and mental, used in the production of goods and services.

Isocost Line

A graph that shows all combinations of capital and labor that can be purchased for a given total cost.