Lila believes the global climate is changing. Every storm, every volcano eruption, every earthquake is, in her mind, evidence of this climate change. Lila has fallen victim to ________
A) framing bias
B) selective perception bias
C) confirmation bias
D) representation bias
Answer: B
Business
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One of the most important types of risk associated with real estate is the liquidity risk
Indicate whether this statement is true or false.
Business
Which of the following characterizes the competition in a nonmarket environment?
a) Firms compete through their market or competitive strategies. b) The competitive strategies are intermediated by markets. c) Public pressure leads to competition involving individuals, activists, interest groups, and firms. d) The nonmarket environment neither changes nor the issues on a firm's nonmarket agenda evolve.
Business