Examlex
Which of the following is the best example of an authentic listening task?
Monopoly Power
The ability of a single entity to control a significant portion of the market and influence price or output levels.
Status Quo Bias
A cognitive bias that leads individuals to prefer things to remain the same or maintain their current state over pursuing change.
Status Quo Bias
The preference for maintaining current conditions or resisting change, even when better alternatives exist.
Anchoring Effect
A cognitive bias where an individual depends too heavily on an initial piece of information (the "anchor") when making decisions.
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