Figure 17-4

question 202

Multiple Choice

Figure 17-4. Aaron and Ed are roommates. After a big snowstorm, their driveway needs to be shoveled. Each person has to decide whether to take part in shoveling the driveway. At the end of the day, either the driveway will be shoveled (if one or both roommates take part in shoveling) , or it will remain unshoveled (if neither roommate shovels) . With happiness measured on a scale of 1 (very unhappy) to 10 (very happy) , the possible outcomes are as follows:
-Refer to Figure 17-4. In pursuing his own self-interest, Aaron will

• A)refrain from shoveling whether or not Ed shovels.
• B)shovel only if Ed shovels.
• C)shovel only if Ed refrains from shoveling.
• D)shovel whether or not Ed shovels.

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Definitions:

Convergent Thinking

A cognitive process in which a person attempts to find a single, correct solution to a problem.

Divergent Thinking

An intellectual strategy or procedure aimed at creating original concepts by considering a wide range of solutions.

Supply and Demand

The fundamental economic concept that describes the relationship between the availability of goods (supply) and the desire for them (demand), influencing price and availability.

Desirability

The quality of being appealing, attractive, or sought-after, often in the context of products, traits, or attributes.