Which Theoretical Framework Makes Use of Three Factors-Satisfaction, Alternatives, and Investments-To

question 147

Multiple Choice

Which theoretical framework makes use of three factors-satisfaction, alternatives, and investments-to explain why people stay with their long-term relationship partners?

• A)Attachment theory
• B)Social constructionist theories
• C)The investment model
• D)Social exchange theory

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Definitions:

Demand Function

Indicates the relationship between the quantity of a good demanded by consumers and the good’s price.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, expressed as a percentage.

Demand Function

A mathematical representation that describes the quantity of a good or service consumers are willing and able to purchase at various prices.

Tickets

Documents that grant the holder the right to enter an event, travel on a vehicle, or participate in an activity.