An Economist Is Most Likely to Support All of the Following

question 136

Multiple Choice

An economist is most likely to support all of the following methods to address the negative externalities created by the waste from newspapers except:

• A) requiring publishers to cut the volume of newspapers generated but allowing them to sell certificates so that others can meet those requirements for them.
• B) taxing the suppliers of newspaper by the pound.
• C) having the cost of the externality be paid by the government.
• D) ensuring that the social cost of buying a newspaper is reflected in its price.

Understand the specialization of psychologists in improving human and machine interaction.

Know the interventions used by psychologists to improve learning and behavior.

Recognize the factors that contribute to forming aversions and preferences.

Identify the importance of compatibility in ergonomics.

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Definitions:

Human Motivation

The internal drive that propels individuals to take action, achieve goals, and satisfy needs and desires.

Need for Achievement

A psychological trait that drives individuals to pursue and attain challenging objectives.

Avoid Risks

A strategy or approach aimed at minimizing potential losses or negative outcomes by not engaging in actions that are perceived to carry risk.

Working in Teams

The collaborative effort of a group of people to achieve a common goal or complete a task in the most effective and efficient way.