According to the Law of Diminishing Returns, the Longer We

question 45

True/False

According to the law of diminishing returns, the longer we live, the more we will be willing to pay relatively for medical care than for other goods and services.

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Definitions:

Gordon Allport

An American psychologist known for his theory on personality traits and for his pioneering work in the psychology of prejudice.

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of free will, self-actualization, and psychological health.

Humanism

A psychological approach and philosophical stance that emphasizes the personal worth of the individual and the centrality of human values and experiences.

Social Cognitive

A theory that emphasizes how cognitive, behavioral, personal, and environmental factors interact to determine motivation and behavior.