Which of the Following Occurs When an Interviewer Allows a Positive

question 74

Multiple Choice

Which of the following occurs when an interviewer allows a positive characteristic about a job applicant to overshadow other evidence?

• A) The halo effect
• B) The horn effect
• C) Similarity bias
• D) Hindsight bias

Calculate average fixed, average variable, and average total costs given specific data.

Identify cost curves and their significance in short-run production costs.

Identify and calculate marginal cost in the context of production.

Understand the relationship between marginal cost and average total cost in production decisions.

---

Definitions:

Bills of Exchange Act

Legislation that regulates the creation and the use of bills of exchange, a type of negotiable instrument.

Holder in Due Course

A legal term describing someone who has obtained a negotiable instrument in good faith and for value, thus having certain protections.

Faulty Device

An apparatus or piece of equipment that has a defect or a malfunction.

Negligence

A legal concept indicating failure to exercise the level of care that a reasonable person would in similar circumstances, leading to unintended harm to others.