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Stereotypes Spring to Mind Easily

question 122

Multiple Choice

Stereotypes spring to mind easily. Therefore, we sometimes use them to judge the frequency of certain events, such as crimes in a given neighborhood. This example BEST describes the use of the ________ heuristic.


Definitions:

Capacity Utilization Rate

A measure of how efficiently a firm or economy is using its productive capacity, often expressed as a percentage of total potential output.

Full Capacity

The maximum level of output that a company can produce and supply under normal conditions.

Production Possibilities Curve

A graphical representation that shows the maximum quantity of goods and services that a society can produce given its resource and technology constraints.

World War II

A global military conflict that lasted from 1939 to 1945, involving most of the world's nations, including all of the great powers, eventually forming two opposing military alliances: the Allies and the Axis.

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