Which of the Following Is Another Way of Saying "Marginal

question 137

Multiple Choice

Which of the following is another way of saying "marginal benefits of an action"?

• A) benefits given up, once the action is taken
• B) unintended gains from taking the action
• C) benefits accruing to others as a result of one's action
• D) extra benefits resulting from the action

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Definitions:

Bias

Prejudice in favor of or against one thing, person, or group compared with another, usually in a way considered to be unfair.

Anchoring And Adjustment

A cognitive bias in which an individual relies too heavily on an initial piece of information (anchor) to make subsequent judgments or decisions.

Availability

The state of being readily obtainable or accessible when needed or desired.

Projection

A psychological defense mechanism where an individual attributes their own unacceptable thoughts, feelings, or motives onto someone else.