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The Loss Aversion Bias Was Evident in a Research Study

Question 66

Multiple Choice

The loss aversion bias was evident in a research study in which people's likelihood of using a disposable grocery bag provided by the store


A) decreased when they were charged 5 cents per bag, but didn't change when they were given 5 cents for using their own bag.
B) didn't change when they were charged 5 cents per bag, but increased when they were given 5 cents for using their own bag.
C) increased when they were charged 5 cents per bag, but didn't change when they were given 5 cents for using their own bag.
D) didn't change when they were charged 5 cents per bag, but decreased when they were given 5 cents for using their own bag.

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