A Parent Has Two Children Living in Cities with Different

question 8

Multiple Choice

A parent has two children living in cities with different costs of living.The cost of living in city B is 3 times the cost of living in city A.The child in city A has an income of $3,000 and the child in city B has an income of $9,000.The parent wants to give a total of $2,000 to her two children.Her utility function is U(C_A, C_B) =C_AC_B, where C_A and C_B are the consumptions of the children living in cities A and B respectively.She will choose to give

• A)the child in city B 3 times as much money as the child in city A.
• B)the child in city B 1.50 times as much money as the child in city A.
• C)the child in city A 3 times as much money as the child in city B.
• D)each child $1,000, even though this will buy less goods for the child in city B.
• E)the child in city A 1.50 times as much money as the child in city B.

Recognize the importance of locus of control in personality and behavior.

Explain the role of validity scales in psychological testing.

Discuss the influence of genetic vs environmental factors on personality traits.

Understand the concept of self-efficacy and its impact on personality.

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Definitions:

Other-oriented Perspective

An approach focusing on understanding and considering the thoughts, feelings, and values of others.

Managing Conflict

The process of handling, controlling, and guiding a conflict situation to achieve a resolution or outcome that is constructive for all parties involved.

Seeking Compliance

The act of attempting to get someone to agree with a request or follow a directive.