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:

Emotional Scars

Deep and lasting emotional pain or trauma that affects an individual’s mental and emotional health.

Variables

Elements, features, or factors that are liable to vary or change within the context of a scientific experiment or research study.

Spatial Proximity

The physical closeness between objects or individuals, which can influence social interactions and perceptions of connectedness.

Interdependent

A relationship or condition in which entities rely on each other to have their needs met or to achieve a desired outcome.