One of Siggy's Most Endearing Traits Is an Exceptional Sensitivity

question 28

Multiple Choice

One of Siggy's most endearing traits is an exceptional sensitivity to other people's motivations and moods. According to Gardner, Siggy would best be classified as having high _____ intelligence.

• A) bodily-kinesthetic
• B) intrapersonal
• C) linguistic
• D) interpersonal

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Definitions:

Diminishing Marginal Utility

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

Comparative Advantage

The ability to produce a good at a lower opportunity cost than others can produce it. Relative costs determine comparative advantage.

Marginal Utility

The additional satisfaction or benefit a consumer receives from consuming one more unit of a good or service.

Consumed

The act of using up a good or service, thus removing it from the market and contributing to economic activity.