What Does It Mean If a Person Makes a "Decision

question 91

Multiple Choice

What does it mean if a person makes a "decision at the margin"?

• A) The person compares additional benefits and additional costs when deciding what to do.
• B) The person weighs the good against the bad and then decides what to do.
• C) The person is more likely to say yes than to say no.
• D) The person compares marginal benefits and total costs and then decides what to do.
• E) The person makes a decision based on a condition.

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Definitions:

Big Five

The Big Five is a model describing human personality traits through five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality Traits

Enduring characteristics or qualities that constitute an individual's unique and consistent patterns of feeling, thinking, and behaving.

Esteem Needs

Refers to the need for respect, self-esteem, and respect from others, constituting one of the higher levels in Maslow's hierarchy of needs.

Psychoanalytic Theory

A theoretical framework developed by Freud that emphasizes unconscious mental processes and childhood experiences in shaping behavior and personality.