Which of the Following Exemplifies the Outlet Bias in the Computation

question 107

Multiple Choice

Which of the following exemplifies the outlet bias in the computation of the CPI?

• A) Roxanna refuses to shop at factory outlet stores because she says that the layouts of the stores are too chaotic and therefore is too time-consuming.
• B) Yu-Jen does most of her shopping at Costco instead of Safeway because the prices at Costco are more competitive.
• C) Katie prefers to buy her groceries at Whole Foods because they carry a wide selection of organic produce.
• D) Diana does her holiday shopping at Metro-Foods because she values their excellent customer service.

---

Definitions:

Indifferent

A state or condition where a decision-maker has no preference between two or more alternatives.

Subcomponent

A subcomponent is a constituent part that plays a role within a larger component or system, often essential for its functionality.

Financial Advantage

A benefit in terms of money that can be gained from a particular action or investment.

Special Order

A special order refers to a one-time order that is outside the scope of regular production or services, often requiring a unique pricing and decision-making process.