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As Part of a Psychology Experiment, Ed and Todd Wrote

question 58

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As part of a psychology experiment, Ed and Todd wrote essays saying that seat belts are unnecessary and laws requiring them should be abolished. From a questionnaire given several weeks before, it is known that both Ed and Todd are actually in favor of laws requiring seat belts. In the experiment, Ed is given a very small reward for writing the essay, while Todd is given a large reward for writing the essay. If their attitudes are subsequently measured, what is the most likely result?


Definitions:

Opportunity Costs

The expense incurred from not selecting the subsequent preferable choice when a decision is made.

Comparative Advantage

The ability of a country or entity to produce a good or service at a lower opportunity cost than others, enabling trade benefits.

Production

A process that transforms resources into goods and services.

Absolute Advantage

The ability of a country, company, or individual to produce a good or service more efficiently than competitors using the same amount of resources.

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