Researchers Have Found That Certain Factors Are Related to Happiness

question 71

Multiple Choice

Researchers have found that certain factors are related to happiness.One of these is that happy people tend to

• A) be well educated.
• B) experience an external locus of control.
• C) have a satisfying marriage or close friendship.
• D) be physically attractive.

---

Definitions:

Demand

Represents the quantity of a good or service that consumers are willing and able to purchase at various prices over a given period.

Consumer Surplus

The contrast between the overall amount consumers are willing to pay for a good or service and the total they actually pay.

Supply

The total amount of a good or service that producers are willing and able to sell at a given price over a certain period.

Consumer Surplus

The rift between what consumers are economically prepared to spend on a service or product and their actual spending.