You Started an Online Business Three Weeks Ago

question 15

Multiple Choice

You started an online business three weeks ago. Thus far, you have averaged 10 sales a day, which is one sale for every five hits. You are now considering giving up your day job and becoming a full-
Time online retailer. You have calculated the amount of income you can earn based on 10 sales a
Day and know that level of income would support you in a comfortable fashion. The belief that you
Will have 10 sales per day on average if this becomes your full-time occupation is based on which
One of the following?

• A) Mental accounting.
• B) Anchoring and adjustment.
• C) Law of small numbers.
• D) Bubble and crash theory.
• E) Confirmation bias.

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Definitions:

Aerobic Activities

Physical exercises that increase the heart rate and improve the efficiency of the cardiovascular system in absorbing and transporting oxygen.

Muscular Strength

The maximum amount of force a muscle or muscle group can exert in a single effort.

Running

A form of aerobic exercise that involves rapid foot movement to propel the body forward in a steady, rhythmic motion.

Exercise Shoes

Footwear designed specifically to provide support, stability, and comfort during physical activity, reducing the risk of injury.