Social Programs That Have a Mostly Pragmatic Basis Are Going

question 2

Multiple Choice

Social programs that have a mostly pragmatic basis are going to rely more on ______ to determine the effectiveness of the program.

• A)statistical significance
• B)common sense and professional judgment
• C)theoretical foundations
• D)conceptual foundations

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Definitions:

Rational

A decision-making process that is based on making choices that result in the optimal level of benefit or utility for an individual.

Expected Additional Benefit

The anticipated extra advantage or income gained from making a particular business decision or investment.

Expected Additional Cost

The anticipated expenses that are not initially accounted for, occurring as a consequence of a new action or decision.

Expected Marginal Cost

The anticipated cost of producing one additional unit of a good or service, taking into account all relevant factors and future circumstances.