Which of the Following Assumptions About Human Behavior Is Most

question 124

Multiple Choice

Which of the following assumptions about human behavior is most likely to be accepted by behavioral economists?

• A)People have preferences that are unstable and vary by context.
• B)People are almost entirely self-interested in their behavior.
• C)People plan out decisions well and possess lots of willpower.
• D)People eagerly and accurately calculate the benefits and costs of their decisions.

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Definitions:

High Standards

The commitment to maintain superior levels of quality, ethics, and performance in business practices and personal conduct.

Ethical Leadership

The practice of leading by example through upholding ethical standards and values, encouraging integrity, and fostering a moral work environment.

Holistic Thinking

An approach that seeks understanding by viewing problems or systems as whole entities rather than breaking them down into parts.