One of the Chief Causes of the Phenomenon of the Risky

question 54

Multiple Choice

One of the chief causes of the phenomenon of the risky shift effect is ________.

• A) decision polarization
• B) degeneration hypothesis
• C) regeneration hypothesis
• D) diffusion of responsibility

---

Definitions:

Price Ceiling

A legal maximum price set by the government for a particular good or service, intended to prevent prices from becoming excessively high.

Shortage

A situation where the demand for a product exceeds its supply in a market.

Units

The fundamental quantities or measurements in which variables, goods, services, or products are expressed or quantified.

Price Floor

A legally imposed minimum price set above the equilibrium price, preventing the market price from falling below a certain level.