In a recent experiment, participants were to take 7,000 steps per day. Group A received a payment of $1.40 per day if they achieved the goal. Group B received a lump sum payment of $42; $1.40 was...

Extracted text: In a recent experiment, participants were to take 7,000 steps per day. Group A received a payment of $1.40 per day if they achieved the goal. Group B received a lump sum payment of $42; $1.40 was deducted daily for each day they did not achieve their goal. At the end of the experiment, Group B was significantly more successful in achieving the 7,000 steps per day. Upon which of the following behavioral economics concepts was this experiment based? O Setting defaults O Doing the right thing O Creating anchors O Loss aversion