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In economic theory, rational decision makers do not always behave ra
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21 Jul 2022, 11:33
21 Jul 2022, 11:33
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66% (00:48) correct
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In economic theory, “rational decision makers” do not always behave rationally: even though they are supposed to strictly follow cost-benefit analysis, they often let emotions or social pressures influence their purchases for essential items, such as when a father chooses a flashy and impractical sports car as the primary family vehicle instead of a similarly priced, but ___________ minivan.
| Two Answers |
|---|
| A. economical |
| B. utilitarian |
| C. austere | D. thrifty | E. functional |
| F. spartan |
In economic theory, rational decision makers do not always behave ra
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22 Jul 2022, 22:17
22 Jul 2022, 22:17
1
On this question, just scanning the answer choices should show some related words that could go nicely together.
Economical and thrifty go together (as they often do with brand names designed to show an inexpensive option).
Spartan and austere are similarly associated with cost-cutting (and Greece, home to the Spartans and undergoing austerity measures).
Lastly, utilitarian and functional mean the same thing.
So you’ll need to dig deeper on the sentence’s true meaning to ensure that you select appropriate answers.
As is common with Sentence Equivalence and Text Completion, a few small words that are easy to read past will make all the difference here. Look at the phrase “similarly priced” – by saying “similarly priced” the sentence takes cost-cutting out of the meaning here. The minivan is no longer thrifty or economical in comparison with the sports car if they both cost the same. But the opposites, at least in the automotive world, of “flashy and impractical” are utilitarian and functional, so B and E must be the correct answers.
Economical and thrifty go together (as they often do with brand names designed to show an inexpensive option).
Spartan and austere are similarly associated with cost-cutting (and Greece, home to the Spartans and undergoing austerity measures).
Lastly, utilitarian and functional mean the same thing.
So you’ll need to dig deeper on the sentence’s true meaning to ensure that you select appropriate answers.
As is common with Sentence Equivalence and Text Completion, a few small words that are easy to read past will make all the difference here. Look at the phrase “similarly priced” – by saying “similarly priced” the sentence takes cost-cutting out of the meaning here. The minivan is no longer thrifty or economical in comparison with the sports car if they both cost the same. But the opposites, at least in the automotive world, of “flashy and impractical” are utilitarian and functional, so B and E must be the correct answers.
Re: In economic theory, rational decision makers do not always behave ra
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26 Jul 2022, 19:36
26 Jul 2022, 19:36
In the question, the word "strictly follow cost-benefit analysis" is the same meaning of answer choices 'economical','thrifty','austere','spartan'.In the blank the word should be contrast word because of 'BUT' in the end.That's why answer will utilitarian and functional.
