The questions is asking what you learned or what your able to tell by reading the text
The correct answer is Prospect theory effect
Prospect Theory (also called Perspective Theory) is a concept of cognitive psychology that is related to decision making in economic and financial contexts.
According to this theory, people, in general, tend to make choices based on potential losses rather than gains. In other words, the basis of the Prospectus Theory is the tendency that we all have to harbor a certain risk aversion.
Answer:
True
Explanation:
<u>Decision making under certainty: </u>
It is the decision, maker known with reasonable certainty what the alternative and outcomes of each alternative, and outcomes of each alternative. Under the condition of certainty, accurate, measurable, and reliable information on that to base the decision is available.
<u>Decision making under risk: </u>
When a manager lacks perfect information or wherever an information asymmetry exists, the risk arises, Under a state of risk decision-maker has incomplete information about available alternatives but has a good idea of the probable outcomes of each alternative.
<span>c. The New Jersey Plan had two houses based on equal representation of each state while the Virginia Plan had one house based on the states? population.</span>
I believe the answer is: Pathos
Pathos could be initiated by various strategies. For example, the speaker could appeal to the emotions by telling an emotional story about his/her past experience, but still related to the topic of the speech.
Other strategy would be to build the persuasive case on the culture/tradition that could be related by most of the audiences.
