04-30 Quiz #24 (for Section 2)

90 gallon of gas is called the a framing eect

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Unformatted text preview: prefer a “cash discount” of 10 cents on a $2.00 gallon of gas is somehow preferable to a “credit card surcharge” of 10 cents on a $1.90 gallon of gas is called the __________. A. framing effect B. preference reversal C. availability heuristic Which of the following INCORRECTLY describes a step involved in using multiattribute utility theory? A. List all possible alt...
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