Which of the following cognitive biases refers to people's tendency to attribute their successes to personal ability and effort, and failures to forces outside their control?

Refer to Figure 11-6. In the figure above which letter represents the average variable cost curve?

A) A B) B C) C D) D

The main determinant of the discount rate on a privately issued bank note was:

a. how long the issuing bank had been in operation. b. who was on the issuing bank's board of directors. c. the general reputation of the issuing bank. d. the distance of the issuing bank from the location where the note was being used.