One of the Two Propositions Offered Here as Extremely Important

question 22

Multiple Choice

One of the two propositions offered here as extremely important to the current value system of the majority of economists is which of the following?

• A) The notion that the consumer believes himself to be in charge of the purchase
• B) The notion that advertising can "brainwash" using subliminal messaging
• C) The proposition that the urgency of wants diminishes as more are satisfied
• D) The theory of supply and demand
• E) None of the above

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Definitions:

Bad Decisions

Choices or judgments that lead to undesirable outcomes due to flawed reasoning or poor judgment.

Parasympathetic Nervous System

A component of the autonomic nervous system responsible for conserving energy by slowing the heart rate and increasing intestinal and glandular activity.

Neurons

Specialized nervous system cells responsible for conveying information to other neurons, muscles, or glands.

Axons

Long nerve fibers that transmit electrical signals from a neuron's cell body to other neurons, muscles, or glands.