You Have Just Bought a Used Car and Drive Away

question 126

Multiple Choice

You have just bought a used car and drive away satisfied that you've made a good deal on the purchase.What would an economist say about your "gain" on the deal?

• A)Your gain has clearly meant that the seller lost on the deal.
• B)The seller has clearly gained, and you have actually lost on the deal.
• C)Both you and the seller have gained something.
• D)If your gain is too large, then the deal should be renegotiated.
• E)If the seller's loss is too large, then the deal should be renegotiated.

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Definitions:

Role Conflicts

A situation where an individual faces incompatible demands or expectations from different roles they play in their personal or professional life.

Interpersonal Relations

The connections and interactions that occur between individuals, within groups, or in social networks.

Stressors

External or internal stimuli that cause stress, challenging an individual's ability to cope.

Destructive Stress

Stress that exceeds an individual's ability to cope and can lead to health problems or decrease in performance.