Question

Kari has been saving money for college for the past four years; she thinks that she is close to her goal amount of $30,000 which is helpful as she is currently a senior in high school. Kari begins to look for a university she might want to attend. Once Kari starts looking at the cost of college she runs across a number of places that would cost 30,000 in a single year. Kari is reluctant to move from her original view that she can find a four-year university that will not exceed her $30,000 budget. What method of problem solving has Kari employed

Answer 1

Answer:

Kari has employed the method of anchoring bias

Explanation:

Anchoring Bias is a bias where the person anchors his/her thinking based on a reference or starting point. For example, if we enter a store and see a shirt of $1000 and then a shirt for $100 we will perceive the second shirt as cheaper since we anchor our judgment based on the first shirt price we saw.