Which of the Following Is NOT a Reason to Have

question 20

Multiple Choice

Which of the following is NOT a reason to have a BATNA?

• A) It increases the chance that you will win the negotiation.
• B) It gives you the power to walk away.
• C) It can reduce how dependent you are on the other party.
• D) It increases the likelihood of coming to a win / win agreement.
• E) It is a good defense against unreasonable win / lose negotiators.

Understand the concepts of short-run and long-run cost functions in economics.

Analyze the effects of changes in factor prices on the choice of production technology.

Calculate the marginal and average costs based on given cost functions.

Determine the optimal level of output to minimize costs or maximize profits.

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Definitions:

Mental Modules

Hypothesized innate mental faculties that receive inputs from particular classes of objects and produce corresponding information about the world.

Precausal Reasoning

A type of logic in young children characterized by a misunderstanding of cause and effect relationships.

Egocentrism

In Piaget’s terms, the tendency to “center on oneself”—that is, to consider the world entirely in terms of one’s own point of view.

Centered On Oneself

Focused primarily on one's own needs, desires, or emotions, often to the exclusion of others.