Economists Usually Assume That Consumers

question 84

Multiple Choice

Economists usually assume that consumers

• A)are motivated to maximize their profit.
• B)are poor judges of what is best for them.
• C)spend all of their current income.
• D)usually save as much as possible of their income.
• E)are motivated to maximize their utility.

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Definitions:

Headhunters

Recruiting specialists or agencies that seek out, identify, and approach individuals to fill specific high-level positions within organizations.

Executive Positions

Roles within an organization that are responsible for strategic decision-making and overall direction, often including titles such as CEO or CFO.

Unpaid Internship

A work experience placement where an individual offers their services free of charge to gain professional experience in a particular field.

Job Agents

Automated online systems or services that help individuals find job opportunities by matching their profiles with available vacancies.