The Principle of Relevance Helps Decision Makers Compare Options by Focusing

question 14

True/False

The principle of relevance helps decision makers compare options by focusing on those costs and benefits that matter, and ignoring items that are common and irrelevant.

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Definitions:

Spillover Effect

The phenomenon where an occurrence in one context or part of life affects another context or part of life.

Physiological Arousal

Refers to the physical responses of the body, such as increases in heart rate or hormone levels, triggered by emotions, exercise, or stimuli that indicate the body's level of alertness and readiness to respond.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, important for the body's fight-or-flight response.

Perspiration Levels

The amount or volume of sweat produced by the body, which can vary due to physical activity, emotional state, or environmental conditions.