Sally Must Submit a Form to Enroll in Her Company's

question 51

Multiple Choice

Sally must submit a form to enroll in her company's flexible medical benefits program.Although she has been employed over a year,she has yet to complete the form.Which type of irrational behavior does this represent?

• A)status quo bias
• B)mental accounting
• C)loss aversion
• D)risk aversion

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Definitions:

Hierarchical

Describing a system or organization in which people or groups are ranked one above the other according to status or authority.

Domain

(1) A structural and functional region of a protein. (2) The broadest taxonomic category; each domain includes one or more kingdoms.

Paraphyletic Group

A group of organisms that includes an ancestral species and some, but not all, of its descendants.

Common Ancestor

The most recent shared ancestor among different species or individuals from which they have descended.