Question

Some social scientists have argued that all relationships—both impersonal and personal—are based on a semi-economic model called social exchange theory. The basis of this model is ____________.

Answer 1

Benefits (Rewards) - Costs (Loss) = Outcome

Step-by-step explanation:

Social exchange theory is the social as well as the psychological theory that discusses the behavior of an individual that is based on the fact that exchange takes place between individuals to maximize benefits and minimize their loss or cost. This interaction or exchange between the two individuals is focused on the analysis of the benefit and risks involved in the interaction. This is expressed in the form, as:

Benefits — Costs (Loss) = Outcome