The Introduction of Automatic Elevator Equipment Allowed Firms to Handle

question 16

Multiple Choice

The introduction of automatic elevator equipment allowed firms to handle the movement of people in a multistory building at less cost, thus decreasing the demand for elevator operators. The best explanation for this change is that the

• A)marginal product of elevator operators was equal to its price.
• B)marginal product of automatic elevator equipment was equal to its price.
• C)marginal product of automatic elevator equipment divided by its price was greater than that for elevator operators.
• D)marginal product of elevator operators divided by its price was greater than that for automatic elevator equipment.

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Definitions:

Evolutionary Psychology

A relabelled form of sociobiology that argues that Darwinian inheritance can explain contemporary human behaviour.

Darwinian Psychology

A theoretical perspective that applies the principles of evolution, such as natural selection, to understand the development of human behavior and psychological traits.

Self-esteem

An individual's subjective evaluation of their own worth, encompassing beliefs and emotions about oneself as competent and valuable.

Self

One’s identity, comprising a set of learned values and attitudes that develops through social interaction and defines one’s self-image.