In behavioral economics, the _____ refers to the distribution of resources that maximizes the individual's subjective value or satisfaction.
A) behavioral economic
B) economical distribution
C) bliss point
D) economical dispersal

Question

Quizplus · Accepted Answer

The "bliss point" refers to the optimal state of consumption where any further increase or decrease would lead to a lower level of satisfaction, thus it is the point that maximizes an individual's subjective value or satisfaction in the context of behavioral economics.

In Behavioral Economics, the _____ Refers to the Distribution of Resources