The tendency of people to underestimate the time required to complete a task is called the:

A. Planning fallacy
B. Framing effect
C. Hindsight bias
D. Availability heuristic

A. Planning fallacy

Economics

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Head Start helps disadvantaged children in their preschool years

Indicate whether the statement is true or false

Economics

By producing at the point where MR = MC, the firm:

a. is guaranteed a profit. b. will earn a profit of zero. c. will lose money. d. profit is maximized. e. output.

Economics