The Principle of Diminishing Marginal Satisfaction Helps to Explain Why

question 39

True/False

The principle of diminishing marginal satisfaction helps to explain why people increase their rate of savings as their incomes rise.

---

Definitions:

NEO PI-3

A psychological personality inventory that measures five major domains of personality traits and facets.

30 Facets

A term likely referring to a model or framework that describes thirty distinct aspects or dimensions of personality or other constructs; however, the specific model it refers to is not universally defined.

Conners 3

A psychological assessment tool specifically designed for diagnosing Attention Deficit Hyperactivity Disorder (ADHD) in children and adults.

Reasonably High Reliabilities

Indicates that a test or measurement consistently produces stable and accurate results over repeated applications.