The Type of Thinking That Uses Shortcuts to Allow One

question 123

Multiple Choice

The type of thinking that uses shortcuts to allow one to make a decision quickly,without considering all of the evidence,is called

• A) a heuristic.
• B) insight.
• C) an algorithm.
• D) framing.

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Definitions:

Gross National Product

The total value of all goods and services produced by a country’s residents and businesses, regardless of the production location.

Shopping Product

A type of product that consumers spend considerable time and effort in gathering information and comparing before making a purchase.

Limited Financial Resources

Refers to the state of having restricted access to money or capital, which can impact an individual's or organization's ability to pursue opportunities or cover expenses.

Consumer Electronics

Electronic devices intended for everyday use by individuals, such as smartphones, televisions, and laptops.