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Author Question: Benji receives a 50 bonus this month because he had the highest sales at work. He likes the bonus, ... (Read 193 times)

cnetterville

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on: Jun 19, 2018
Benji receives a 50 bonus this month because he had the highest sales at work. He likes the bonus, but in Benji's view it doesnt compensate for his 50 speeding ticket. Benji's feelings are best described by ____.
 
  a. utility disparity
  b. expected value
  c. loss disparity
  d. loss aversion

Question 2

Yasuo has played a slot machine at a riverboat casino nine straight times and lost on each play. He believes that he will win on the tenth play because he is due. Yasuo is exhibiting ____.
 
  a. confirmation bias
  b. gambler's fallacy
  c. the availability heuristic
  d. functional fixedness


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Sophiapenny

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Reply #1 on: Jun 19, 2018
Answer to Question 1

ANSWER:
d

Answer to Question 2

ANSWER:
b


cnetterville

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Reply 2 on: Jun 19, 2018
YES! Correct, THANKS for helping me on my review

kthug

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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