Which of the Following Questions Can Help Us Avoid a Decision

question 4

Multiple Choice

Which of the following questions can help us avoid a decision that would injure our self-esteem?

• A) Is it legal?
• B) Is it balanced?
• C) How will it make me feel about myself?
• D) How can I avoid taking the blame?

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Definitions:

Normal Good

A product that sees an increase in demand as people's incomes increase, and a decrease in demand when their incomes decrease.

Housing

Refers to the provision and availability of homes and buildings for habitation by individuals and families.

Utility

A measure of satisfaction or happiness that a consumer derives from the consumption of goods and services.

Consumption Bundle

A mix of products and services selected by a consumer for use at a specific moment.