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Author Question: In behavioral economics, salience is best exemplified by A) consumers responding differently when ... (Read 37 times)

eruditmonkey@yahoo.com

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In behavioral economics, salience is best exemplified by
 
  A) consumers responding differently when posted prices increase rather than when prices increase because of sales tax increases.
  B) consumers responding the same regardless of how prices change.
  C) the end of a controlled experiment.
  D) consumers responding differently when income increases permanently rather than temporarily.

Question 2

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.


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KKcool

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eruditmonkey@yahoo.com

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Reply 2 on: Jul 1, 2018
Wow, this really help


okolip

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Reply 3 on: Yesterday
:D TYSM

 

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