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People Often Overestimate the Frequency of Plane Crashes Because These

question 157

Multiple Choice

People often overestimate the frequency of plane crashes because these events are vivid and newsworthy. This is an example of which of the following heuristics?


Definitions:

Brand Names

Names given to products or services by companies to distinguish them from competitors.

Franchising

A business model that allows individuals or entities to operate a business under the brand and operational model of an established company.

Harmful Pollutants

Substances released into the environment that can cause harm to human health, ecosystems, and the climate.

Competitive Market

A market structure characterized by a large number of sellers and buyers where no single participant can significantly influence the price of goods or services.

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