Nadine Wants to Buy a New Hair Straightener to Style

question 33

Multiple Choice

Nadine wants to buy a new hair straightener to style her hair. She considers four models and assigns them belief ratings from 1 = very poor to 10 = very good and importance ratings from 10 = most important to 1 = least important. She sets a mental cutoff of 5 as a selection criterion for the model. According to the lexicographic rule, which of the following models is Nadine most likely to select? $\begin{array} { | l | l | l | l | l | l | } \hline \text { Attribute } & \text { Importance } & \text { Model A } & \text { Model B } & \text { Model C } & \text { Model D } \\\hline & & \text { Belief ratings } & \text { Belief ratings } & \text { Belief ratings } & \text { Belief ratings } \\\hline \text { Low price } & 7 & 7 & 4 & 3 & 1 \\\hline \text { Power efficiency } & 6 & 6 & 6 & 5 & 8 \\\hline\end{array}$

• A) Model A
• B) Model B
• C) Model C
• D) Model D

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Definitions:

Living Will

A legal document that specifies an individual's preferences regarding medical treatment in situations where they are unable to express informed consent.

Testamentary Trust

A trust that is created by will and therefore does not take effect until the death of the testator.

Constructive Trust

A legal remedy imposed by a court to address wrongdoing or unjust enrichment, creating a fiduciary relationship where the trustee must hold property for the benefit of the beneficiary.

Living Trust

A legal document that places assets into a trust for the grantor's benefit during their lifetime and specifies how to distribute remaining assets after the grantor's death.