The Type of Product That Prompted Passage of the Consumer

question 2

Multiple Choice

The type of product that prompted passage of the Consumer Product Safety Act was:

• A) automobiles.
• B) children's toys.
• C) refrigerators.
• D) food products.

Understand the concept of rational decision-making in economics.

Comprehend how changes in personal benefits and costs influence behavior.

Recognize the impact of incentives on individual and group behavior.

Acknowledge the role of marginal analysis in economic decision-making.

---

Definitions:

Social Charm

The ability to attract and influence others through one's personality, appearance, or behavior, fostering positive social interactions and relationships.

Excessive Guilt

A psychological condition where an individual experiences an overly intense feeling of responsibility or remorse for an action, often disproportionate to the actual situation.

Vulnerability Model

A theory suggesting that individuals have differing levels of vulnerability to stress and mental illness due to genetic, psychological, or environmental factors.

Schizophrenia

A psychiatric disorder characterized by distorted thinking, perceptions, emotions, language, sense of self, and behavior.