Answered

Believing something has value because your friends do is an example of
O anchoring
O herd mentality
O loss aversion
O present bias

Verified Answer :

GinnyAnswer

Final answer:

Herd mentality is when individuals adopt beliefs based on the actions or beliefs of a larger group, without critical evaluation.


Explanation:

Herd mentality is the tendency for individuals to follow the actions or beliefs of a larger group. This bias can lead individuals to adopt certain beliefs simply because others around them hold those beliefs, without critically evaluating them. An example of this is when someone believes something has value solely because their friends do.


Learn more about Cognitive Bias here:

https://brainly.com/question/37547307


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