Quasi-Concavity of Utility Functions Insures That with Only Two Goods,these

question 4

Multiple Choice

Quasi-concavity of utility functions insures that with only two goods,these goods must be:

• A)gross substitutes.
• B)gross complements.
• C)net substitutes.
• D)net complements.

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Definitions:

Person-Environment Fit

The degree to which individual and environmental characteristics match.

Enterprising

Showing initiative and willingness to undertake new projects.

Human Factors Psychology

The study of how people interact with products, systems, and environments in order to improve technology, safety, and usability.

Organizational Psychology

A branch of psychology that studies how people interact within groups and how workplaces operate to improve efficiency and productivity.