______ Is a Type of Cognitive Bias Where People Only

question 38

Multiple Choice

______ is a type of cognitive bias where people only pay attention to information that confirms their previously existing beliefs or biases instead of being open to negative evidence that would cause them to reconsider those beliefs.

• A) negative evidence bias
• B) negative belief bias
• C) disproval bias
• D) confirmation bias

Analyze and calculate the effects of price changes on the budget line and consumer choices.

Interpret graphical representations of budget constraints, indifference curves, and shifts in these curves.

Identify the economic rationale behind consumer's choice of consumption bundles.

Predict consumer behavior in response to changes in income, prices, or both.

---

Definitions:

Mind

The set of cognitive faculties that enables consciousness, perception, thinking, judgement, and memory—a characteristic of humans and other animals.

Cultural Diversity

The existence of a variety of cultural or ethnic groups within a society, enriching its social fabric.

Document Differences

The process of comparing and highlighting the changes or variations between two versions of a text or file.

Earlier Findings

Previous conclusions or results obtained from research or experiments that form the basis for further investigation.