When Considering Choice Architecture, a Nudge

question 16

Multiple Choice

When considering choice architecture, a nudge:

• A)only provides participants with choices that are good for them.
• B)can sometimes accomplish public policy goals in a less expensive way than traditional methods.
• C)presents choices that are similar to, but more equitable than, participants' ideal choices.
• D)is a deliberate push by a choice architect to ensure all people behave a certain way.

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Definitions:

Total Cost

The complete amount of expenses incurred by a business in producing goods or services, including both fixed and variable costs.

Quantity Change

An alteration in the amount of goods or services supplied or demanded in a market.

Average Fixed

The fixed costs of production divided by the quantity of output produced, illustrating how those costs are spread over output.

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced.