The Two-Factor Theory of Emotion Suggests That

question 138

Multiple Choice

The two-factor theory of emotion suggests that

• A)emotions are produced by both autonomic arousal and cognition.
• B)emotions are based upon our gut feelings.
• C)emotions are from our interpretations of bodily reactions to stimuli.
• D)emotions and bodily reactions are simultaneously produced by stimuli.

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Definitions:

Bounded Rationality

The concept that decision-making is limited by the information available, the cognitive limitations of individuals, and the finite amount of time they have to make a decision.

Good Enough

A term that refers to a satisfactory solution or product that meets basic requirements without needing to be perfect.

Sunk Costs

Expenses that have been incurred and cannot be recovered, which should not influence future economic decisions.

Production

The process of creating goods or services using inputs like labor, capital, and raw materials.