1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Scorpion4ik [409]
3 years ago
5

Fred just purchased an expensive new refrigerator and is considering purchasing the overpriced warranty. In making his decision

on the warranty, Fred ignores better ways that his money could be spent, including paying off high-interest credit card debt. According to prospect theory, the process that leads Fred to ignore the debt and buy the overpriced warranty is anchoring. confirmation bias. framing bias. mental accounting.
Social Studies
1 answer:
Nikolay [14]3 years ago
8 0

Answer:

anchoring

Explanation:

In simple words, The anchoring phenomenon can be understood as the cognitive prejudice in which a single comparison source or 'anchor' influences a person's judgments. Following the setting of the anchoring number, a person 's future statements, estimations, and so on may differ from what things might have remained sans the anchor.

Thus, from the above we can conclude that the correct answer is anchor.

You might be interested in
According to Nisbett (1993), a(n) __________ is characteristic of regions where inhabitants evolved from herding societies, and
VikaD [51]

According to Nisbett (1993), a(n) culture of honor is characteristic of regions where inhabitants evolved from herding societies, and thus forms of aggression

<h3>What is inhabitants ?</h3>

After the Great Famine of 1315–1317 and the end of the Black Death in 1350, when the human population was close to 370,000,000, it continued to rise. Between 1955 and 1975, when population growth rates peaked at 2.1% between 1965 and 1970, the world experienced population growth rates of over 1.8% annually. Between 2015 and 2020, the growth rate fell to 1.1%, and it is anticipated that this fall would continue throughout the 21st century. Despite the fact that the world's population is continually growing, its long-term trajectory is highly unpredictable because of shifting rates of childbearing and mortality. Between 9 and 10 billion people are predicted to live on Earth by the year 2050, according to the UN Department of Economics and Social Affairs, with an 80% confidence interval of 10–12 billion.

To learn more about inhabitants from the given link:

brainly.com/question/27775097

#SPJ4

5 0
1 year ago
The type of study that dr. sroufe is describing in which he followed one group of individuals from infancy into early adulthood
MrMuchimi

A longitudinal study is the kind of study that that Dr. Sroufe describes in which he followed one group of individuals from infancy into early adulthood.

This study aims to gather data in a long span of time, which fits perfectly in a person’s stage of life range during their infancy until their early adulthood stage.

8 0
3 years ago
Describe the Democratic Republicans’ views on the Constitution
Irina18 [472]

Answer:

They believed that the Constitution was a "strict" document that clearly limited the powers of the federal government.

3 0
3 years ago
Use the map to answer the question. How did geography help make Rome a site of encounter?
Marizza181 [45]

Answer: The Mediterranean Sea helped it connect with civilizations in Europe, Asia, and Africa. C. Its location in Central Europe made it a focal point of migration and interaction on the continent. ... The relatively level terrain of Europe made it easy for Romans to travel and trade across long distances.

Explanation:

5 0
3 years ago
A social psychologist measures aggressive responses made by people exposed to violent and nonviolent movies. All of the subjects
NARA [144]

Answer:

<h3>d. extraneous.</h3>

Explanation:

Extraneous variables are variables which occur unintentionally while doing a research. When a researcher tries to find if an independent variable has an effect on a dependent variable, they may be chances that unexpected variable might occur which may affect the results of the research.

Here, the researcher who measured aggressive responses by people when exposed to violent and non-violent movies did not take into account the room temperature.

The room temperature may act as an extraneous variable which may have an effect on the result of his experiment.

7 0
4 years ago
Other questions:
  • Frankenstein what technique does shelley employ to provide the reader with the creature's story
    9·1 answer
  • What are the necessary development for province 5 nepal​
    10·1 answer
  • ¿Cuál es la importancia de las nubes para el planeta ?
    8·1 answer
  • Group member roles that reduce group success are:
    11·2 answers
  • The first great Western civilization emerged in the area of the prehistoric Aegean on the Greek island of Crete about 2,000 BCE.
    5·1 answer
  • Einhorn and Finkle are in a convenience store together. For a while they talk about stealing hot dogs and deodorant, for they ar
    11·1 answer
  • Which of the following safety alterations were made to the fuel system in the mass-produced Pinto? Select one or more: a. An ine
    8·1 answer
  • In reminding the Pharisees that David ate the shewbread to satisfy his hunger, Jesus was proving the point that:
    12·2 answers
  • How does the Libertarian Party's support for lowering corporate taxes reflect its ideas about the role of government?
    8·2 answers
  • What role did nightangle play at <br>scutari hospital in turkey​
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!