What are the three main assumptions of the model of economic man and woman?
What will be an ideal response?
Among the early models of decision making crafted in the 20th century was that of economic man and woman. This model assumed three things:
1 . Decision makers are fully informed regarding all possible options for their decisions and of all possible outcomes of their decision options.
2 . They are infinitely sensitive to the subtle distinctions among decision options.
3 . They are fully rational in regard to their choice of options.
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Since the answer for both 23 ? 17 and 26 ? 20 is 6, the logic behind equal addition subtraction algorithm is:
a. adding the same number to both the subtrahend and minuend changes the answer. b. increasing the subtrahend and decreasing the minuend does not change the answer. c. subtracting any two numbers will give the same answer. d. adding or subtracting the same number to both subtrahend and minuend keeps the difference between two numbers the same.
Attempts to establish the meaning of written and spoken statements from active participants are usually carried out in
a. historical research. b. narrative research. c. ethnography. d. Neither of these. e. All of these answers.
An organization requires you to fill out a personality assessment instrument as part of your application process for a specific position with the organization. What best explains why they would have you do this?
A. to place you with others who share the same traits B. to determine whether you fit their needs for the particular position C. to examine your attention to detail D. to decide on an amount for your salary
Fiction with characters from groups that have been underrepresented in children's books characterizes which type of children's literature?
a. contemporary realistic fiction b. historical fiction c. multicultural literature d. biography