Question

according to behavioral economics research, in which of the following cases would we expect a person to experience no net change in their utility? multiple choice when the person gains $100 and loses $100. when the person gains $250 and loses $100. when the person gains $100 and loses $250. when the person gains $100 while everyone else gains $200.

Answer 1

According to behavioral economics research, we would expect a person to experience no net change in their utility in the case when the person gains $100 and loses $100. This is because the gains and losses are equal in magnitude, resulting in a net change of zero.

Step-by-step explanation: