Lowenstein & Issacharoff (1994) gave subjects mugs and found ...

[piesebel]

Lowenstein & Issacharoff (1994) gave subjects mugs and found that
 
  a. those that thought they earned the mug placed a higher selling price on it.
  b. those that thought they earned the mug refused to sell it.
  c. those that were told they were random recipients of the mug placed a higher selling price on it.
  d. those that were told they were random recipients of the mug refused it.

Question 2

Utility is the
 
  a. subjective value of an outcome. c. estimated probability of an outcome.
  b. objective value of an outcome. d. estimated frequency of an outcome.

[Ksh22]

Answer to Question 1

A

Answer to Question 2

A

[piesebel]

YES! Correct, THANKS for helping me on my review

[meow1234]

Thanks for the timely response, appreciate it