Examlex
There is a bias against base-rate information. Explain.
Input
Resources used in the production process to create goods or provide services.
Proportions
The relationship between parts and a whole, often expressed as a ratio or fraction.
Factor 1
An element or component that contributes to a particular result or situation; can be considered as a contributing variable in different contexts.
Profit
The financial gain obtained when the revenue from selling goods or services exceeds the costs involved in their production or provision.
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