When Asked to Introspect About Their Reasons for Making a Particular

question 12

Multiple Choice

When asked to introspect about their reasons for making a particular choice, participants:

• A) sometimes offer an explanation with great confidence even though the explanation names factors that we know to be irrelevant and leaves out factors that we know to be crucial
• B) can usually specify their reasons and can also report on the processes used for selecting the reasons
• C) often have no idea about their reasons, but if they are able to report their reasons, they are likely to be correct
• D) report their reasons in general terms but do so with little confidence

---

Definitions:

Unit Costs

Unit costs, also known as cost per unit, represent the total expense incurred to produce, store, and sell one unit of a product or service, including direct and indirect costs.

Labor Costs

The total amount of money a business spends on employee salaries, wages, and other benefits.

Individual Job

Definition: A distinct task or project undertaken by a business, where costs and revenues can be directly attributed and tracked.

Time Tickets

The form on which the amount of time spent by each employee and the labor cost incurred for each individual job, or for factory overhead, are recorded.