Decision Making Theory and Economics Multiple Choice Questions (MCQ) PDF Download

MCQ 1: The strategy to integrate larger gains with smaller losses involved

1. lining principle
2. cancellation principle
3. golden lining principle
4. segregate principle

MCQ 2: The theory in which consumers make their own alternatives on the basis of benefits and failure is classified as

1. prospect theory
2. integration theory
3. segregation theory
4. alternative theory

MCQ 3: When customers evaluate more than one positive dimension separately, it is classified as

1. segregate loss
2. segregate gains
3. integrate gains
4. integrate loss

MCQ 4: The way in which consumer's categorize and record financial outcomes of the market offering is classified as

1. critical accounting
2. decision accounting
3. mental accounting
4. geographical accounting

MCQ 5: The cost of the product that can be added to other large purchase of the product is classified as

1. integrate loss
2. segregate loss
3. segregate gains
4. integrate gains