Values Are Defined as

question 97

Multiple Choice

Values are defined as

• A) those things that people consciously or subconsciously want to seek or attain.
• B) pleasurable emotional states resulting from the appraisal of one's job or job experiences.
• C) a set of shared attitudes, values, goals, and practices that characterizes an institution, organization, or group.
• D) processes that elicit, control, and sustain certain behaviors.
• E) the particular combination of emotional, attitudinal, and behavioral response patterns of an individual.

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Definitions:

Utility

In economics, a measure of the satisfaction or happiness that individuals get from consuming goods and services.

Good X

Placeholder term often used in economic models to represent a generic good or product.

Diminishing Marginal Utility

The principle that as a person consumes more of a good, the satisfaction gained from each additional unit decreases.

Apples

A type of fruit known for its sweet taste and crisp texture, coming in various colors such as red, green, and yellow.