Braden Is a Strict Vegetarian

question 58

Multiple Choice

Braden is a strict vegetarian. He is always on the alert in case a meal he eats as a restaurant might actually contain some meat. Last night he became convinced that a dish contained meat even when it did not. Which alternative best expresses this example in signal detection terms

• A)Braden has an extreme response bias, resulting in many hits.
• B)Braden has an extreme response bias, yielding many false alarms.
• C)Braden has an extreme response bias, leading to many misses.
• D)Braden is extremely sensitive, resulting in many hits.

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Definitions:

Bliss Point

The optimal quantity of consumption where any further increase or decrease would lead to a lower level of satisfaction for the consumer.

Indifference Curves

Graphical representations in microeconomics to illustrate different combinations of goods between which a consumer is indifferent.

Utility Function

A mathematical representation that ranks preferences or satisfaction levels consumers derive from different bundles of goods.

Perfect Substitutes

Products or goods that can replace each other perfectly with no loss of utility to the consumer.