Which of the Following Statements About the Biases That Penetrate

question 9

Multiple Choice

Which of the following statements about the biases that penetrate our thinking is true?

• A)We are mostly unaware of them.
• B)We are usually aware of them but deny that they play a significant role in our judgments.
• C)We are aware of them and usually use them to our advantage.
• D)Very few-if any-biases affect our thinking powerfully enough to harm ourselves or others.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold.

Net Income

The sum a company retains as earnings after deducting taxes and expenses from its total revenue.

Profit Margin Ratio

A financial metric that measures the extent to which a company or business activity makes money, expressed as a percentage of revenue.

Net Income

The company's earnings post all deductions for expenses and taxes from its income.