Which of the following is an example of the framing effect?
A) People assume that an old person will walk slower than a young person.
B) People take more risk to prevent a loss than to gain something.
C) People overlook the possibility of using a matchbox to hold a candle.
D) People put too much confidence in their first impulse on how to answer a question.
Correct Answer:
Verified
Q114: In what way have psychologists revised their
Q115: Most people prefer an action that definitely saves 200 lives instead of one with a one-third chance of saving 600 lives.What would probably change their preference?
A)Give people longer to decide.
B)Ask people to discuss the question with friends before they decide.
C)Phrase the question in terms of avoiding the loss of lives.
D)Repeat the question a week or two later.
Q116: The sunk cost effect is the decision to do what?
A)To do something unpleasant just because you already paid for it
B)To make a risky decision to try to gain something
C)To make a risky decision to try to avoid losing something
D)To buy the more expensive item because you assume it is of higher quality
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Q123: What do we call the underlying logic
Q124: "A boy was chased by a tall
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