Question

question 5 (multiple choice worth 5 points) (ch 61 mc) identify the cognitive bias: natalia is interested in buying a new computer. she notices that a lot of her peers have one specific brand. natalia decides to buy that brand of computer. present bias loss aversion herd mentality endowment effect

Explanation:

Natalia's decision to buy the same computer brand as her peers aligns with the cognitive bias where individuals follow the actions of a group, which is herd mentality. Present bias prioritizes immediate rewards, loss aversion fears losses more than gains, and the endowment effect overvalues owned items—none match the scenario.

Answer:

C. Herd mentality