Beginning with Line 104 of the Random Digits Table Above

question 75

Multiple Choice

Beginning with line 104 of the random digits table above, select three individuals to receive a prize in a contest. $$\begin{array} { l l l l } 01 \text { Anderson } & 06 \text { Hall } & 11 \text { Opus } & 16 \text { Thompson } \\02 \text { Butts } & 07 \text { Hunsaker } & 12 \text { Parson } & 17 \text { Ubet } \\03 \text { Calvin } & 08 \text { Jones } & 13 \text { Quayle } & 18 \text { Watson } \\04 \text { Ernest } & 09 \text { Miller } & 14 \text { Riley } & 19 \text { Wilson } \\05 \text { Gaynor } & 10 \text { Norton } & 15 \text { Stone } & 20 \text { Ziggy }\end{array}$$

• A) Jones, Jones, Ubet
• B) Hunsaker, Jones, Miller
• C) Jones, Ubet, Wilson
• D) Butts, Jones, Ubet

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Definitions:

Daniel Kahneman

A renowned psychologist and economist known for his work in the field of behavioral economics, particularly his research on decision-making and risk-taking.

Neoclassical Economics

An economic theory that focuses on how supply and demand balance to allocate resources efficiently in markets.

Behavioral Economics

A field of study that analyzes how psychological, cognitive, emotional, cultural, and social factors affect economic decision-making processes.

Rational Decisions

Choices made by individuals or entities based on logical assessment and comparison of the costs and benefits associated with different alternatives.