Alex Intends to Board a Flight This Evening to Another

question 13

Multiple Choice

Alex intends to board a flight this evening to another country for an official visit.However,his wife prevents him from boarding the flight stating that there is a likelihood of danger to his life owing to several plane crashes that occurred this month.According to the biases and heuristics in decision making,it can be concluded that Alex's wife mirrors the _____ in this scenario.

• A)base rate neglect
• B)hemispatial neglect
• C)representativeness heuristic
• D)availability heuristic

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Definitions:

Direct Expenses

Costs that can be directly traced to the production of specific goods or services.

Investment Turnover

A measure that shows how frequently investment assets are bought and sold within a given period.

Cost Center

A department or unit within an organization that does not directly add to profit but still incurs costs, such as HR or IT department.

Service Departments

Units within a company that provide support services to other departments but do not directly generate revenue.