Cognitive Errors Are

question 1

Multiple Choice

Cognitive errors are:

• A) errors based on one's lack of intelligence or authenticity
• B) mistakes in thinking, or deviations from normal, "correct" thinking processes
• C) racial prejudices in one's thinking
• D) misperceptions that happen when one is emotional
• E) none of the above

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Definitions:

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Demand Increase

A situation where the quantity of a good or service that consumers are willing and able to purchase at a given price level rises.