Moira and Ardon Have Been Working for the Same Accounting

question 263

Multiple Choice

Moira and Ardon have been working for the same accounting firm for the past 8 years.Moira expects to be offered a partnership when the firm has its next year-end meeting.Ardon does not expect that he will be offered a partnership.At the annual meeting, the managing partners announce that no new partnership is being offered.Based on the psychological research into anger, you should predict that:

• A)Ardon is more likely to be angry at the announcement, because men show more negative emotions than women do
• B)Moira and Ardon will be equally angry at the announcement, because they were both denied a partnership
• C)neither Moira nor Ardon will be angry at the announcement, but they will both experience sadness and disappointment
• D)Moira is more likely to be angry at the announcement, because her expectations have been violated

---

Definitions:

Positive Externality

A benefit received by a third party resulting from an economic transaction in which they were not involved.

Public Good

An offering of goods or services to society's members at no cost, supplied by the government or private parties, aiming not to generate profit.

Private Good

A product or service that is excludable and rivalrous, meaning its consumption by one individual prevents its consumption by another.

Optimal Level

Optimal Level refers to the most efficient, beneficial, or profitable position or state for a particular process, activity, or economic outcome.