{{ block title }}Part 2 - Consumer Choice{{ endblock }} {{ block content }}
You have completed the first part of the experiment. You are about to begin the second part! Here is how it works.
You will be asked several times to choose the bundle of goods that you prefer the most.
The bundles will be composed of portions of two goods: peanuts and chips. Keep in mind that a 'portion of peanuts' means three peanuts and a 'portion of chips' means three chips.
Consider this example to check your understanding. Suppose you had to choose between the following three options:
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If you choose the first option: "1 portion(s) of chips and 5 portion(s) of peanuts", you are indicating that you want 3 chips and 15 peanuts.
At the end of the experiment, the computer will randomly pick one of the rounds and this will determine which bundle you receive. This is how your payoffs will be determined.
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