You Are Responsible for Purchasing 20 Used Computers for Your

question 78

Multiple Choice

You are responsible for purchasing 20 used computers for your company. Red brand computers costs $1,250 and Green brand computers cost $1,800. Based on experience, you believe that 60% of Red Brand computers are lemons low quality) while 20% of green brand computers are lemons low quality) . You are willing to pay $1,000 for a known lemon and $2,000 for a known plum. Which brand do you purchase?

• A)red
• B)green
• C)indifferent between brands
• D)donʹt buy either brand

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Definitions:

Response Learning

The process of acquiring behaviors through the association of actions with consequences, as seen in classical and operant conditioning.

Tolman, Ritchie, Kalish

Refers to renowned psychologists Edward C. Tolman, Ritchie, and Kalish, known for their significant contributions to the development of cognitive psychology.

Cognitive Disciplines

Areas of study that focus on understanding mental processes such as learning, perception, memory, and decision-making.

Motivational Drives

Internal impulses that prompt action towards fulfilling a need or achieving a goal.