In behavioral economics,the term salience refers to
A) relevance to the problem being investigated.
B) people only consider information when it is conveyed in a subtle manner.
C) how an experiment is designed.
D) people consider information when it is presented in an "eye grabbing" manner.
Correct Answer:
Verified
Q115: Behavioral economics extends traditional economic models by
A)
Q116: Robinson Crusoe is stranded on an island.He
Q117: Consumers do not prefer gifts-in-kind to cash
Q118: If MRS > MRT,then the consumer is
Q119: John is indifferent between canned soup and
Q120: An optimal choice in which a consumer
Q122: In behavioral economics,salience is best exemplified by
A)
Q123: Bounded rationality suggests that
A) individuals might make
Q124: Researchers have found that tax increases may
Q125: In Spain,people are considered organ donors unless
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents