If You Only Pay Attention to Information That Reinforces Your

question 82

Multiple Choice

If you only pay attention to information that reinforces your existing beliefs and ignore or discredit information that contradicts your beliefs,you are guilty of _____.

• A)egocentrism
• B)critical thinking
• C)cognitive bias
• D)confirmation bias
• E)self-fulfilling prophecy

---

Definitions:

Cost Components

The individual elements that contribute to the total cost of a product or service, including materials, labor, and overhead.

Fiberglass Boat

A type of boat made from fiberglass, known for its durability, strength, and lightweight compared to traditional wooden boats.

Ratio

The quantitative relation between two amounts showing the number of times one value contains or is contained within the other.

Preferred Equity

A type of equity which is ranked higher than common stock and usually has fixed dividend payments.