Despite the Warning on a Package of Cigarettes About the Potential

question 182

Multiple Choice

Despite the warning on a package of cigarettes about the potential health hazards of smoking, a man lights up a cigarette. An economist would conclude that:

• A)​in the man's judgment, the expected marginal cost of smoking the cigarette outweighs the expected marginal benefit.
• B)​the man is behaving irrationally.
• C)​the smoker is unconcerned about his future health.
• D)​in the man's judgment, the expected marginal benefit of smoking the cigarette outweighs the expected marginal cost.

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Definitions:

Motivation Theories

These theories explore what factors drive individuals to initiate, direct, and sustain particular behaviors at work or in other activities.

Purposeful Behavior

Actions taken with a specific goal or intention in mind, often directed by conscious or subconscious motivation.

Self-Actualizing Manager

A self-actualizing manager is one who has reached a state of fulfillment in which they realize their potential capacities and capabilities, often focusing on personal growth, autonomy, and realizing their personal vision within their professional role.

Negative Information

Data or details that reflect poorly on a person, situation, or entity, often highlighting flaws, dangers, or undesirable outcomes.