Which of the Following Heuristics Involve Judgments Based on Memory

question 44

Multiple Choice

Which of the following heuristics involve judgments based on memory?

• A)The representativeness heuristic
• B)The availability heuristic
• C)The simulation heuristic
• D)The anchoring-and-adjustment heuristic
• E)The correspondence bias

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Definitions:

Permanent Investment

Investments a company intends to hold for a long duration, typically exceeding one year, for earning dividends or interest income.

Owner's Equity

The total value remaining in a business after all liabilities are subtracted from assets; also known as shareholders' equity.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the owner's claim against the company's assets.

Additional Investments

Funds injected into a business by its owners or shareholders to provide additional capital for operations or expansion.