The table below shows the total utility associated with various units of goods X and Y.Table 7.5

-The principle that people would rather leave things as they are is called _____.
A)status quo
B)stand still
C)stagnation
D)pause
E)quo warranto

Question

The table below shows the total utility associated with various units of goods X and Y.Table 7.5
 
-The principle that people would rather leave things as they are is called _____.
A)status quo 
B)stand still 
C)stagnation 
D)pause 
E)quo warranto

Quizplus · Accepted Answer

The principle that people would rather leave things as they are is called the status quo. It refers to the tendency of individuals to resist change and maintain the current situation or state of affairs. The concept of status quo is relevant in decision-making, as it helps explain why people may choose to avoid making changes or taking risks, even if the potential benefits outweigh the costs.

The Table Below Shows the Total Utility Associated with Various