Costs and Benefits in Decision Making

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Questions and Answers

What is the primary reason why people change their behavior according to the text?

  • To avoid costs
  • To fulfill social obligations
  • To increase emotional stability
  • To maximize benefits (correct)

Which of the following is NOT mentioned as a type of cost incurred when enacting a behavior?

  • Financial
  • Social
  • Emotional
  • Intellectual (correct)

In decision-making, what do people consider when choosing a behavior?

  • Personal feelings only
  • Physical benefits only
  • Maximizing benefits over costs (correct)
  • Avoiding any costs

Which factor plays a crucial role in determining whether a person will change their behavior or not?

<p>Level of anticipated benefits (D)</p> Signup and view all the answers

What is the fundamental consideration when deciding if a behavior change will occur?

<p>The ratio of benefits to costs (A)</p> Signup and view all the answers

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