And Deci Have Identified 3 Basic Needs That Must Be

question 49

Multiple Choice

and Deci have identified 3 basic needs that must be satisfied across the life span in order to experience the state of eudaimonia. Which one of the following is NOT one of the basic needs?

• A) competence
• B) autonomy
• C) confidence
• D) relatedness

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Definitions:

Clear Preferences

The concept in decision theory and economics where consumers or decision-makers have well-defined preferences, allowing for consistent choices among sets of alternatives.

Budget Constraints

Constraints that consumers face as a result of limited incomes.

Endowment Effect

Tendency of individuals to value an item more when they own it than when they do not.

Reference Point

A basis or standard for evaluation, comparison, or judgment.