The Cost-Benefit Principle Indicates That an Action Should Be Taken

question 97

Multiple Choice

The cost-benefit principle indicates that an action should be taken

• A) if the total benefits exceed the total costs.
• B) if the extra benefits are positive.
• C) if the average benefits exceed the average costs.
• D) if the resulting economic surplus is zero.
• E) if the extra benefits are greater than the extra costs.

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Definitions:

Affiliation Motive

An innate drive to associate with others, create social bonds, and maintain relationships.

Premature Low-Birth-Weight

A condition referring to infants born prematurely with a weight significantly lower than the norm for their gestational age.

Minimally Touched

A description of something that has been handled or affected as little as possible.

Cannon-Bard Theory

A psychological theory proposing that emotional experiences result from the simultaneous activation of the physiological responses and the subjective experience of emotion.