It means magnanimity (generosity)
A rational decision maker takes action if and only if the marginal benefit of the action exceeds the marginal cost.
<u>Explanation:</u>
Rational people always think at the margin. Decision makers generally consider both the explicit and implicit costs of their actions.
The decision-making is the process of making choices in the optimal level of benefit or utility for an individual. Rational decision making is a multi-step process that makes choices between the alternatives.
A rational decision maker takes action if and only if the marginal benefit of the action exceeds the marginal cost.
The correct answer is a runoff primary is held
Each American state has its own rules regarding the electoral process.
In the primary elections, eight states reserve dates for a second round if none of the candidates reaches the required percentage.
Alabama, Arkansas, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina and Tennessee.
Answer:
c. They continued to use their group estimates when retested alone one year later.
Explanation:
Public conformity occurs when an individual makes a decision or judgement about something as a result of external pressures around him/her and not because he/she believes that action is right. In public conformity, individuals pretend to agree with the group but personally disagrees. On the other hand, in private conformity, individuals decides on an action based on internal reasons.
If individuals continue to use their group estimates when retested alone one year later, it is an indication that the original estimate was based on private conformity and not public conformity. If it was based on public conformity, the individual would have changes his/her estimate since the group is no longer present to exercise pressure over his/her decision.
Whelm Wundt opened the first psychological laboratory in 1879
