Instructions: Please Define the Following Key Terms

question 74

Essay

Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
curiales

Recognize the influence of heuristics and cognitive biases on decision-making processes.

Identify factors that impact individual and market behaviors from a behavioral economics perspective.

Learn about the importance of context and situation in shaping economic decisions.

Describe the role of System 1 and System 2 thinking in decision making.

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Definitions:

Chlorofluorocarbons

A group of man-made chemical compounds containing chlorine, fluorine, and carbon, historically used in refrigeration and aerosol propellants, but now known to deplete the ozone layer.

Flammable

Easily ignited and capable of burning rapidly; used to describe substances that pose a significant fire risk.

Nontoxic

Substances that do not pose a risk of harm or poison to humans, animals, or the environment.

Stable

A state of equilibrium or the absence of significant change, often describing systems that return to equilibrium after a disturbance.