Rational People Make Decisions at the Margin by

question 97

Multiple Choice

Rational people make decisions at the margin by

• A)following marginal traditions.
• B)behaving in a random fashion.
• C)thinking in black-and-white terms.
• D)comparing marginal costs and marginal benefits.

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Definitions:

Mary Ainsworth

A developmental psychologist known for her work in early emotional attachment with "The Strange Situation" assessment.

Industry Versus Inferiority

A stage in Erik Erikson's theory of psychosocial development where children develop a sense of competency and skills, or feel inadequate and inferior.

Erikson

Erik H. Erikson, a developmental psychologist and psychoanalyst known for his theory on the social development of human beings and coined the phrase "identity crisis".

Sense of Competence

Describes an individual's belief in their own abilities to successfully execute tasks.