Which Strategy Do People Tend to Use When Making a Decision

question 100

Multiple Choice

Which strategy do people tend to use when making a decision involving relatively few options?

• A)subtractive
• B)additive
• C)elimination by aspects
• D)selection by aspect

---

Definitions:

Income Taxes

Taxes imposed by governments on individuals or entities based on their income or profits.

Poor People

Individuals or groups who lack the financial resources and possessions needed for a minimum standard of living.

Middle Class

A social group between the upper and working classes, including professional and business workers and their families.

Deadweight Loss

The loss of economic efficiency that occurs when the equilibrium for a good or a service is not achieved or is unattainable.