Questions about money lead consumers to focus on money.Questions about probabilities lead consumers to focus on probabilities.This is the basis of what concept?
A)The compatibility principle
B)Choice deferral
C)The endowment effect
D)Comparative evaluation
E)The sunk cost effect

Question

Quizplus · Accepted Answer

The compatibility principle suggests that the type of question or information presented to individuals influences their focus and decision-making process. In this context, asking about money leads to a focus on financial aspects, while asking about probabilities leads to a focus on likelihoods or risks, illustrating the compatibility between the question type and the focus of attention.

Questions About Money Lead Consumers to Focus on Money