Lamont has a 42-inch high definition television that he purchased for $1200 six months ago. He's decided to replace it with a larger 60-inch television, and tries to sell the smaller one for $1100 . He finds that nobody will buy it, and tells prospective buyers "it is almost brand now and I'm selling it for less than it cost when I bought it!" Lamont fails to recognize that the same televisions
can now be purchased for $800, and he is inflating the value of his television just because he owns it. This is called the
a. endowment effect.
b. disposition effect.
c. escalation effect.
d. sunk cost principle.
a
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When Selma was five years old she, was terrified and became hysterical when her older brother dropped a spider down her shirt. Today, even the sight of a rubber spider is enough to make her agitated and uneasy. In this example of classical conditioning, having the spider dropped down her shirt by her older brother is:
a. an unconditioned response b. a conditioned stimulus c. an unconditioned stimulus d. a conditioned response
Describe how cultural variations in infant-rearing practices affect motor development
What will be an ideal response?