Which of the Following Situations Should Prompt the Least Decisional

question 129

Multiple Choice

Which of the following situations should prompt the least decisional dissonance?

• A) Though he would rather be playing football with his friends, Wyatt decides to start his 20-page philosophy paper rather than his 25-page history paper.
• B) Elmer likes both duck and rabbit, but he decides to order the rabbit for dinner.
• C) Audrey doesn't like cats much, so she decides that her new pet will be a dog.
• D) Tevin would like to spend his vacation in both Italy and Greece, but can only afford to travel to one place, so he decides to go to Greece.

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Definitions:

Derived Demand

The need for a product or service that is generated by the need for a different product or service.

Input Demand

The demand for resources (inputs) that are used in the production of goods and services.

Productivity

The measure of how efficiently inputs, such as labor and capital, are converted into outputs, such as goods and services.

Market Wage

The prevailing wage rate in the labor market for a given type of work, determined by supply and demand for labor.