Each of 100 People Receives a Random Item from a Grocery

question 100

Multiple Choice

Each of 100 people receives a random item from a grocery store and assigns it a value between 1 (low) and 10 (high) . They trade those items among themselves for items they prefer rather than those they randomly received and then assign a second value (again, 1 to 10) to the item that they end up with after the trading concludes. How would the sum of those values before trading compare with the sum after trading?

• A) The value would stay the same because no new goods were introduced.
• B) The value would stay the same because no one has a comparative advantage.
• C) After trading, value would be lower because no one can specialize.
• D) After trading, value would be higher because preferences are diverse.

---

Definitions:

Extinction

In biology, it is the end of an organism or of a group of organisms, normally a species.

Amygdala

A set of neurons located deep in the brain's medial temporal lobe, playing a key role in processing emotions such as fear, anger, and pleasure.

Virtual Reality Treatments

Therapeutic interventions that use virtual reality technology to simulate real-life situations for the purpose of treatment, such as exposure therapy for phobias.

Punishment

A consequence that decreases the likelihood of a behavior being repeated in the future.