A Laid-Off Autoworker Does Not Immediately Seek Employment in a Rapidly

question 90

Multiple Choice

A laid-off autoworker does not immediately seek employment in a rapidly growing computer industry because:

• A) he is irrational,not considering the benefits of searching for a new job.
• B) changing a career is a costly decision.
• C) being unemployed is always the best decision for a person after a layoff.
• D) there are benefits to being rationally ignorant.

---

Definitions:

Diffusion

The process by which an innovation, idea, or trend spreads within a population or from one society to another.

Innovation

The act of transforming a concept or innovation into a product or service that generates value or that consumers are willing to purchase.

Imitation

The action of using someone or something as a model and duplicating their behaviors, strategies, or products.

Innovation

The process of creating new ideas, products, or methods that bring about significant improvements or change.