You Don't Particularly Like to Shop So Only Go to the Mall

question 2

Multiple Choice

You don't particularly like to shop so only go to the mall once a month.To help make the trek more enjoyable,you always have lunch at the restaurant located inside the mall.Since you are such a creature of habit,you always order the same meal.You've noticed that the price of that meal has increased every time you have been there over the past six months.Thus,you expect the meal to increase in price next month.This is an example of which one of the following?

• A)recency bias
• B)anchoring and adjustment
• C)frame dependence
• D)aversion to ambiguity
• E)clustering illusion

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Definitions:

Fixed Patterns

A term that refers to repeatable and predictable behaviors or sequences observed in natural or designed systems.

Taxes

Movements or orientations of an organism in response to external stimuli.

Fixed Action Patterns

Instinctive behavioral sequences that are relatively invariant within the species and are triggered by specific stimuli.

Innate

Traits, abilities, or behaviors that are inherent and present at birth, not acquired through learning.