You Have a Tendency to Assume Someone Is Still a Good

question 47

Multiple Choice

You have a tendency to assume someone is still a good friend even after a person acts otherwise. This tendency is known as the

• A) belief perseverance phenomenon.
• B) belief continuity phenomenon.
• C) correspondence bias.
• D) belief disconfirmation bias.

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Definitions:

Marginal Cost

The bump in complete expenses that occurs when an additional unit of a product or service is produced.

Heart Rate Monitor

A device that measures and displays the number of heartbeats per unit of time, used to monitor heart activity during exercise or daily activities.

Opportunity Cost

The cost of the next best alternative that is forgone when making a decision.

Scenario 1-5

A series of hypothetical or planned situations used for strategic planning, decision making, or analysis, labeled numerically for differentiation.