Which of the Following Would the Desire Satisfaction Theorist Not

question 5

Multiple Choice

Which of the following would the desire satisfaction theorist not endorse?

• A) We can know what is good for us by figuring out what we want and how to get it.
• B) We always have reason to obtain whatever makes us better off.
• C) Happiness is always good for people.
• D) Sometimes it is difficult to know whether something is good for us.

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Definitions:

Autarky Price

The price of a good in a country without international trade, determined solely by domestic supply and demand.

International Trade

The trade of products and services across the borders of different countries or territories.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount that they actually pay.

Producer Surplus

The gap between the price producers are willing to accept for offering a good or service and the actual price they receive.