What Term Do Psychologists Use to Describe Our Tendency to Search

question 159

Multiple Choice

What term do psychologists use to describe our tendency to search for evidence that supports our belief and to ignore evidence that might disprove it?

• A) confirmation bias
• B) convergent thinking
• C) availability heuristic
• D) representativeness heuristic

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Definitions:

Manufacturing Overhead Budget

A financial plan that estimates the expected costs related to manufacturing overhead for a specific period.

Variable Overhead Rate

A financial metric that represents the costs that vary with production levels in manufacturing, calculated as variable overhead costs divided by a measure of activity.

Fixed Manufacturing Overhead

Indirect manufacturing costs that remain constant regardless of the level of production, such as rent, insurance, and salaries of certain employees.

Sales Budget

A financial plan that estimates future sales in terms of units and revenue.