In One Study,participants Listened to a Play-By-Play Account of a College

question 55

Multiple Choice

In one study,participants listened to a play-by-play account of a college basketball game.Results showed that participants who thought one of the players (Mark) was black,compared to participants who thought he was white,believed that Mark

• A) had less innate ability.
• B) was more athletic and played better.
• C) showed less hustle and performed worse overall but still played a savvier game.
• D) was more athletic, showed less hustle, and performed worse overall, but still played a savvier game.

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Definitions:

Expected Utility Maximizer

An expected utility maximizer is an individual who makes choices based on the mathematical expectation of utility, aiming to achieve the highest satisfaction from uncertain outcomes.

Indifference Curves

Graphs that represent various combinations of goods that give a consumer equal utility or satisfaction.

Wealth

The abundance of valuable resources, assets, or properties that an individual or entity possesses.

Expected Utility Function

An expected utility function quantifies an individual's preferences under uncertainty, ranking them according to the expected level of satisfaction or utility.