The table below shows the total utility associated with various units of goods X and Y.Table 7.5

-In effect, people feel that driving is safer than flying and also prefer to do so because of _____.
A)anchoring
B)overconfidence
C)status quo
D)loss aversion
E)familiarity

Question

The table below shows the total utility associated with various units of goods X and Y.Table 7.5
 
-In effect, people feel that driving is safer than flying and also prefer to do so because of _____.
A)anchoring 
B)overconfidence 
C)status quo 
D)loss aversion 
E)familiarity

Quizplus · Accepted Answer

The Answer of The table below shows the total utility associated with various units of goods X and Y.Table 7.5
 
-In effect, people feel that driving is safer than flying and also prefer to do so because of _____.
A)anchoring 
B)overconfidence 
C)status quo 
D)loss aversion 
E)familiarity

The Table Below Shows the Total Utility Associated with Various