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

Author Question: Ali is having a garage sale. He is trying to sell an old alarm clock for 20, an old pair of sneakers ... (Read 101 times)

audie

  • Hero Member
  • *****
  • Posts: 532
Ali is having a garage sale. He is trying to sell an old alarm clock for 20, an old pair of sneakers for 40, and an old TV set for 100 . These prices are way too high. Since Ali owns these products, they seem to him to be more valuable than they really are. This phenomenon is known by social psychologists as ____.
 
  a. lateral shrinkage
  b. product affinity
  c. personal use shrinkage
  d. the mere ownership effect

Question 2

Which of the following is an explanation for the false consensus effect, but not an explanation for the false uniqueness effect?
 
  a. People use themselves as an anchor when judging others.
  b. People want to feel good about themselves.
  c. People want to feel that they are consistent across time.
  d. People tend to ignore base rate information when making probability estimates.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emily12345

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

D

Answer to Question 2

A




audie

  • Member
  • Posts: 532
Reply 2 on: Jun 22, 2018
YES! Correct, THANKS for helping me on my review


Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

For a complete list of videos, visit our video library