Complex Carbohydrates

question 9

Multiple Choice

Complex carbohydrates:

• A)include both single sugar units and linked pairs of sugar units
• B)are known as monosaccharides and disaccharides
• C)are long chains of sugar units arranged to form starch or fiber
• D)contain calcium, hydrogen, and nitrogen
• E)are small molecules containing six carbon atoms

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Definitions:

Utility

A measure of satisfaction or value that consumers receive from consuming goods and services.

Endowment Effect

The tendency people have to place higher valuations on items they possess (are endowed with) than on identical items that they do not possess; perhaps caused by loss aversion.

Behavioral Economists

Economists who study how psychological, social, cognitive, and emotional factors affect the economic decisions of individuals and institutions.

Inconsistent Anchoring

A cognitive bias where individuals rely too heavily on an initial piece of information (anchor) to make subsequent judgments but inconsistently adjust away from that anchor.