Which of the Following Is NOT a Consequence of Post-Decisional

question 133

Multiple Choice

Which of the following is NOT a consequence of post-decisional justification?

• A)The individual continues to look for alternatives better than the one selected.
• B)The individual increases the importance of negative aspects of the discarded alternatives.
• C)The individual forgets about favourable aspects of the discarded alternatives.
• D)The individual reduces the importance of negative aspects of the selected alternative.
• E)The individual looks for more information that further supports the selected alternative.

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Definitions:

Opportunity Costs

The cost of foregone alternatives, or what is given up to engage in one activity instead of another.

Efficiency

The extent to which resources are used optimally to achieve a specific outcome with minimal waste.

Incentives

Factors, usually financial or material rewards, that motivate individuals or firms to act in a certain way.

OPEC

The Organization of the Petroleum Exporting Countries (OPEC) is an intergovernmental organization of oil-producing countries that coordinates and unifies the petroleum policies of its member states.