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A CEO Thinks That He or She Is the Only

question 81

Multiple Choice

A CEO thinks that he or she is the only person who can oversee global expansion. This CEO has which of the following cognitive biases?

Identify the economic rationale behind public policy decisions and their theoretical underpinnings.
Grasp the complexities and outcomes associated with market rationing mechanisms and their alternatives.
Understand the concept of market equilibrium and how taxes affect equilibrium prices and quantities.
Understand how the burden of taxes is distributed between consumers and producers based on the relative price elasticities of demand and supply.

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