The Framing Effect Is So Effective Because It Arranges the Perceived

question 157

Multiple Choice

The framing effect is so effective because it arranges the perceived situation so that:

• A) decisions can be easily evaluated against each other
• B) one decision seems more salient than the others
• C) decisions can be seen from multiple perspectives
• D) one decision seems clearly better than the others

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Definitions:

Entrepreneurial Ability

The innovation and risk-taking skills that a person possesses to create and manage a business successfully.

Economic Success

The achievement of desired financial outcomes in growth, employment, and stable prices within an economy.

Entrepreneurs

Individuals who create, organize, and manage a business venture, taking on financial risks in the hope of profit.

American Entrepreneur

An American entrepreneur is an individual in the United States who starts and manages a business venture, taking on financial risks in the hope of profit.