John and Mike Were Offered Mints $\frac{1}{8}$ B) $\frac{1}{2}$

question 17

Multiple Choice

John and Mike were offered mints. What is the probability that at least John or Mike would respond favorably? (Hint: Use the classical definition) .

• A) \( \frac{1}{8} \)
• B) \( \frac{1}{2} \)
• C) \( \frac{3}{4} \)
• D) \( \frac{3}{8} \)

Differentiate between informational influence and normative influence in group settings.

Understand the concept of conformity and the situations that increase or decrease it.

Learn strategies to avoid or minimize groupthink within teams.

Recognize various biases such as the framing bias, and how they affect decision-making processes.

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Definitions:

Airlines

Companies that provide air transport services for traveling passengers and freight, utilizing aircraft for domestic and international flights.

Saturday Night

Often associated with social activities and entertainment, being the night that traditionally follows the last day of the working or school week.

Tickets In Advance

The act of purchasing admission to an event before the actual date, often utilized to ensure entry or secure a preferred seating.

Economic Models

Simplified representations of complex economic processes, used to predict future economic behaviors and outcomes.