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
In the Chinese creation myth, which of the following does Pan Gu do?
k0ka [10]

Answer:

A

Explanation:

Pan Gu, Wade-Giles romanization P’an Ku, also spelled Pangu, central figure in Chinese Daoist legends of creation. Pan Gu, the first man, is said to have come forth from chaos (an egg) with two horns, two tusks, and a hairy body. Some accounts credit him with the separation of heaven and earth, setting the sun, moon, stars, and planets in place, and dividing the four seas. He shaped the earth by chiselling out valleys and stacking up mountains. All this was accomplished from Pan Gu’s knowledge of yinyang, the inescapable principle of duality in all things.

8 0
3 years ago
Four roles of the church that prevent teenage pregnancy​
Lelechka [254]
Oral Contraception…… “the pill”
Implanon.
Injectable contraception…..”the injection”
Male and female condoms.
Dual protection.
6 0
2 years ago
Which scenario would most likely result in the president using an executive order to enact a new policy?
oksano4ka [1.4K]

C.The president proposes several new bills that are all rejected by Congress.

When the president uses an executive order to enact a new policy it undermines the power of the Congress, which will result in the congress rejecting the next steps that the president woul try to do.

5 0
3 years ago
Read 2 more answers
It's worth 15 points, please help!
strojnjashka [21]
Mountain formation like this guy said
7 0
3 years ago
What was significant about the Omayyad's period?'
aleksley [76]

Answer:

it was the first great Muslim dynasty to rule the Arab kingdom.

Explanation:

4 0
3 years ago
Other questions:
  • Changes in monetary policy have the greatest effect on
    10·2 answers
  • The families who face the greatest hurdle in being able to access high quality child care programming are _____ families.
    11·1 answer
  • Is it possible to be free and slave? Then why?
    7·1 answer
  • Heather adds a graphic to her blog post showing readers where to find key points. This is an example of which of the​ following?
    9·1 answer
  • What scientist spent the last years of his life under house arrest because his ideas conflicted with the church, he discovered t
    9·1 answer
  • Rajon is trying to decide between majoring in communications and majoring in engineering. He considers the intensity of each maj
    6·1 answer
  • Which of the following are program areas and issues of concern to the secretary of interior?(select all that apply.). A.the qual
    8·1 answer
  • How did Greece fall under Roman rule
    15·1 answer
  • Which of the following is the primary function of the executive branch at the state government level?
    5·1 answer
  • If you can picture a little dark puppy that has been kicked too many times and is lost in a crowd of strangers, you´ll have John
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!