The Tendency to Look for or Pay Attention Only to Information

question 146

Multiple Choice

The tendency to look for or pay attention only to information that supports one's own belief is called:

• A) a mental set.
• B) confirmation bias.
• C) stereotype threat.
• D) mindlessness.

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Definitions:

Optimal Project Size

The most efficient scale of a project, considering factors like cost, resources, and expected benefits, to achieve the best possible outcome.

Marginal Costs

The cost uplift realized by the manufacture of an extra unit of a product or service.

Marginal Benefits

The supplementary enjoyment or usefulness gained by consuming or producing another unit of a good or service.

Economic Grounds

The basis for decisions or actions taken to improve financial conditions or stability.