The Assumption That Individuals Do NOT Intentionally Make Decisions That

question 304

Multiple Choice

The assumption that individuals do NOT intentionally make decisions that would leave them worse off is referred to as

• A) the premium assumption.
• B) the law of comparative advantage.
• C) the rationality assumption.
• D) a ceteris paribus assumption.

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Definitions:

Assertive Behaviour

The quality of being self-assured and confident without being aggressive, in expressing ones' rights, needs, and desires.

Openness

The quality of being receptive to new ideas, experiences, and information, or the state of being open and transparent.

Status

The relative social, professional, or other standing of an entity, often in comparison to others within a given context.

Interpersonal Distance

refers to the physical and psychological space between individuals in social or professional settings.