A Parent Has Two Children Living in Cities with Different

question 1

Multiple Choice

A parent has two children living in cities with different costs of living.The cost of living in city B is 3 times the cost of living in city A.The child in city A has an income of $3,000 and the child in city B has an income of $9,000.The parent wants to give a total of $2,000 to her two children.Her utility function is U(C_A, C_B) = C_AC_B, where C_A and C_B are the consumptions of the children living in cities A and B respectively.She will choose to give

• A)the child in city B 3 times as much money as the child in city A.
• B)each child $1,000, even though this will buy less goods for the child in city B.
• C)the child in city A 3 times as much money as the child in city B.
• D)the child in city B 1.50 times as much money as the child in city A.
• E)the child in city A 1.50 times as much money as the child in city B.

Recognize the ethical considerations and justice issues within group decision-making.

Analyze the factors leading to group polarization and risky shift phenomena.

Identify the presence and impact of biases in group decision-making.

Explain the concept of groupthink, its causes, and its symptoms.

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Definitions:

Gender Schemas

Cognitive frameworks that organize information based on gender-related attributes, guiding individuals' perceptions and behaviors.

Feminine Trait

Characteristics or attributes often culturally associated with women or the female gender, including nurturing, empathy, and sensitivity.

Sex Chromosomes

Chromosomes that determine the biological sex of an individual, with human males typically having one X and one Y chromosome and females having two X chromosomes.

Autism Spectrum Disorder

A developmental disorder characterized by difficulties with social interaction and communication, and by restricted or repetitive patterns of thought and behavior.