A Basketball Game Ends with a Score of 155-13

question 178

Multiple Choice

A basketball game ends with a score of 155-13. The fans who paid to see the game say it was exciting, but those who got in free say it was boring. What psychological principle is probably responsible for the difference in reactions?

• A) attributional bias
• B) group polarization effect
• C) the collective unconscious
• D) cognitive dissonance

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Definitions:

Oil Declines

A reduction in the price or availability of oil, often due to changes in supply, demand, or geopolitical factors.

Gasoline

A highly flammable liquid derived from petroleum, used primarily as fuel in internal combustion engines.

Quantity Demanded

Quantity demanded is the total amount of a good or service that consumers are willing and able to purchase at a given price over a specified period.

Demand Schedule

A tabular representation showing the quantity of a good that consumers are willing and able to purchase at different prices, holding other factors constant.