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Behavioral Decision Theory and Economics MCQs Quiz Online PDF Download eBook

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"The type of heuristic in which customer adjust initial judgment on the basis of additional information is classified as" Multiple Choice Questions (MCQ) on behavioral decision theory and economics with choices peripheral heuristic, anchoring heuristic, geographical heuristic, and adjusting heuristic for online bachelor's degree in administration. Practice behavioral decision theory and economics quiz questions for merit scholarship test and certificate programs for best online colleges for business administration.

MCQs on Behavioral Decision Theory and Economics PDF Download eBook

MCQ: The type of heuristic in which customer adjust initial judgment on the basis of additional information is classified as

  1. peripheral heuristic
  2. anchoring heuristic
  3. geographical heuristic
  4. adjusting heuristic

B

MCQ: The customers who loss averse tend to underweight the

  1. integrate probabilities
  2. segregate probabilities
  3. high probabilities
  4. low probabilities

C

MCQ: The way in which choices are seen and presented by a decision maker is classified as

  1. anchor framing
  2. critical framing
  3. adjustment framing
  4. decision framing

D

MCQ: When the customers base their predictions on example that comes to mind easily are classified as

  1. availability heuristic
  2. representative heuristic
  3. anchoring heuristic
  4. adjusting heuristic

A

MCQ: The representative heuristic and availability heuristic are the types of

  1. motivation heuristic
  2. peripheral heuristic
  3. expectancy heuristic
  4. decision heuristic

D