Choose the statement that people are more likely to choose based on the framing of the choice.
Question:
a. Stock investment:
i. Invest in a stock with low uncertainty of return.
ii. Invest in a stock with high certainty of return.
b. Car purchase:
i. Buy a car that costs $20,000, which is $5,000 cheaper than the next level for that maker.
ii. Buy a car that costs $20,000, which is $5,000 more expensive than the lower level for that maker.
c. Movie choice:
i. Go to the movie that 100 out of 150 people give a five-star rating.
ii. Go to the move that 50 out of 150 people give less than a five-star rating.
d. Choice of college class:
i. Take a class in which 50 percent of students get an A.
ii. Take a class in which 50 percent of students don’t get an A.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
People respond to the way in which the choices are framed even when that fr...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
The following article cites a study that says that people are more likely to think youre lying if you use abstract language rather than concrete terms and phrasing. Comment on the argument being...
-
Multiple Choice Questions 1. Which of the following is an example of moral hazard? a. Reckless drivers are the ones most likely to buy automobile insurance. b. Retail stores located in high-crime...
-
Explain why high income and wealthy people are more likely to buy a municipal bond than a corporate bond.
-
a) Verify the above differential equation is not exact. b) Find an integrating factor that will make the differential equation exact. Verify your work. c) Solve the differential equation (implicit...
-
In an effort to reduce the number of bottles that contain less than 1.90 liters, the bottler in Problem 6.30 sets the filling machine so that the mean is 2.02 liters. Under these circumstances, what...
-
Use Newtons method to find all roots of the equation correct to six decimal places.
-
Read one of the suggested readings on the companion Web site or find an article related to project scope management. Write a short summary of the article, its key conclusions, and your opinion. LO.1
-
Insurance companies and pension plans hold large quantities of bond investments. Discount Insurance Corp. purchased $2,100,000 of 6.0% bonds of Soucy, Inc., for 116 on January 1, 2012. These bonds...
-
Cul de las siguientes no es una forma comn de fraude laboral? a. Sobornos b. Hurto C. hojeando d. Gestin de ingresos
-
Dr. Schekter, DVM, opened a veterinary clinic on May 1, current year. The business transactions for May are shown as follows. May 1 Dr. Schekter invested $480,000 cash in the business in exchange for...
-
A group of people is offered two scenarios and asked which they would prefer: (A) a 3 percent wage decrease in a world with no inflation, or (B) a 3 percent wage increase in a world with 6 percent...
-
Determine whether each of the following changes represents a shift in the choice architecture of a decision. a. After presenting the dessert menu to patrons, the waiter at a restaurant mentions that...
-
Use the Ratio or Root Test to determine the radius of convergence of the following power series. Test the endpoints to determine the interval of convergence, when appropriate. 12x 8x3 lim &r3 6 sin...
-
Is there a difference between a Leader and a Manager; if yes, what and what are the differences? What is the message of the video ? https://youtu.be/TQhns5AwAkA
-
Thomas Inc. purchased 90% of Tracy Co. for $990,000 when the book value of Tracy was $1,000,000. There was no premium paid by Thomas. Tracy currently has 100,000 shares outstanding and a book value...
-
Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An...
-
A Community Hospital has two (2) service departments: Maintenance and Food Services. The hospital has three (3) patient care units, namely: General Medicine, OB, and Surgery. Additional information...
-
The following link is for the United States International Trade Commission database on current tariffs that the United States has in place: https://dataweb.usitc.gov/tariff/database This link is for...
-
Indicate whether each of the following statements is true or false by writing T or F i n t he a nswer c olumn. The National Highway Traffi c Safety Administration has the responsibility of...
-
Write a while loop that uses an explicit iterator to accomplish the same thing as Exercise 7.3. Exercise 7.3. Write a for-each loop that calls the addInterest method on each BankAccount object in a...
-
Network connections are generally trust-based; hierarchical connections are generally authority-based. How would you use this framework to construct a research design for the study of heterarchies?
-
Abby is the sole owner of a nail salon. Her costs for a manicure are given by TC = 10 + q2 AC = 10/q + q MC = 2q The nail salon is open only 2 days a weekWednesdays and Saturdays. On both days, Abby...
-
Suppose the daily demand curve for flounder at Cape May is given by QD = 1,600 - 600P, where QD is demand in pounds per day and P is price per pound. a. If fishing boats land 1,000 pounds one day,...
-
A perfectly competitive market has 1,000 firms. In the very short run, each of the firms has a fixed supply of 100 units. The market demand is given by Q = 160,000 10,000P a. Calculate the...
-
All of the following are included on Form 1040, page 1, EXCEPT: The determination of filing status. The Presidential Election Campaign check box. The income section. The paid preparer signature line.
-
Question One: (25 marks) (X) Inc. purchased 80% of the outstanding voting shares of (Y) for $360,000 on July 1, 2017. On that date, (Y) had common shares and retained earnings worth $180,000 and...
-
Regarding Enron, this was a company that resulted in the creation of the Sarbanes-Oxley Act and many reforms to the accounting profession. Research the company and answer the following...
Study smarter with the SolutionInn App