The Director of the School Cafeteria Discovers That Students Like

question 87

Multiple Choice

The director of the school cafeteria discovers that students like chocolate chip cookies much better than molasses cookies.To sell the molasses cookies,she prices them at 25 cents each and continues to charge 1 dollar for the chocolate chip cookies.When students keep buying far more chocolate chip cookies,they are violating _____ theory,which is a _____ model of human decision making.

• A) prospect; normative
• B) expected utility; normative
• C) prospect; descriptive
• D) expected utility; descriptive

---

Definitions:

One-to-one

A direct interaction or relationship between two entities without intermediary involvement.

Correspondence

Communication by exchanging letters or the similarity and compatibility between two or more things.

Distributive Justice

A concept concerning the fair allocation of resources among diverse members of a community.

Procedural Justice

The fairness of the processes that are used to make decisions, often emphasizing transparency and fair treatment.