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Ainsworth's experiment of having a researcher assess an infant's exploration of a room, use of the caregiver as a secure base, reactions to the caregiver separation, reactions to the entry of a stranger, the ability to be soothed by the stranger, and reactions to the reunion with the caregiver is known as the
Status Quo Bias
A cognitive bias that represents a preference for the current state of affairs, leading individuals to resist change.
Marginal Cost
The expense associated with creating an extra unit of a product or service.
Marginal Benefit
The further satisfaction or value an individual gains from consuming an extra unit of a certain product or service.
Optimal Quantity
The amount of a good or service that achieves the best balance between cost and benefit.
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