Question 1
Furniture, animals, and automobiles are example of __________ concepts.
◦ formal
◦ subordinate
◦ basic
◦ superordinate
Question 2
Hakeem is ready to upgrade his cell phone but knows the options are vast and diverse. He lists all the pros and cons of each model he is considering along with price, reliability, and revolving costs of usage. This is an example of __________.
◦ rational choice theory
◦ prospect theory
◦ rationalization theory
◦ optimization theory