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Why Is It Interesting That People Tend to Choose $250

Question 137

Multiple Choice

Why is it interesting that people tend to choose $250 in 53 weeks over $200 in 52 weeks, but also choose $200 now versus $250 in one week?


A) Time is irrelevant when considering increases in gain"
B) People are very inconsistent in whether or not they care about monetary gains"
C) In both scenarios, the person will gain an extra $50 by waiting one week"
D) In one scenario, people do not mind waiting, but in the other scenario, they do mind waiting"

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