Examlex
For which of the following goods is the income elasticity of demand likely lowest?
Ingroup Bias
Ingroup bias is the tendency to favor one's own group over others, leading to preferential treatment for members of the in-group.
Vivid Cases
Highly memorable, emotionally charged examples or occurrences that stand out from the norm and have a lasting impact.
Ingroup Bias
The inclination to show preference and loyalty to those within one's own group rather than to individuals from different groups.
Other-race Effect
The tendency to more easily recognize faces of the race that one is most familiar with (often one’s own race) than those of other races.
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