This topic contains a solution. Click here to go to the answer

Author Question: Which of these is an example of the sunk cost effect? a) Sally is too sick to go out, but decides ... (Read 52 times)

lak

  • Hero Member
  • *****
  • Posts: 546
Which of these is an example of the sunk cost effect?
 
  a) Sally is too sick to go out, but decides to attend the play since she paid 40 for the ticket.
   b) Jenny relents to the high-pressure sales person and spends 550 on accessories she doesn't need.
   c) Despite continued losses, Tony continues to play the ponies at the local track.
   d) Aaron has a decent seat for the basketball game, but decides to upgrade them by buying much better seats from a scalper.

Question 2

Porcelli and Delgado (2009) investigated the effects of acute stress on framing effects in decision making. They found that:
 
  a) acute stress reversed the typical framing effect.
   b) acute stress accentuated the typical framing effect.
   c) acute stress had no influence on the typical framing effect.
   d) the framing effect obtained depended on the particular nature of the stressor.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Gabe

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

Answer: a

Answer to Question 2

Answer: b




lak

  • Member
  • Posts: 546
Reply 2 on: Jun 20, 2018
Excellent


6ana001

  • Member
  • Posts: 311
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library