Identify Absolute Zero

question 29

Multiple Choice

Identify absolute zero.

• A) 212 degrees Fahrenheit
• B) 0.00 degrees Celsius
• C) -273 degrees Celsius
• D) None of the above

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Definitions:

Status Quo Bias

The preference for maintaining current conditions or resisting change, even when better alternatives exist.

Anchoring Effect

A cognitive bias where an individual depends too heavily on an initial piece of information (the "anchor") when making decisions.

Endowment Effect

A psychological inclination to value possessions more highly solely due to personal ownership.

Endowment Effect

A mental occurrence in which individuals attribute increased worth to objects simply because they possess them.