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According to the Bureau of Labor Statistics, replacing a housewife with paid laborers would cost at least $100,000 per year. How could this be interpreted according to conflict theory?
Irrational Decision
A choice made that contradicts logical reasoning, often influenced by emotional factors or cognitive biases.
Status Quo Bias
The tendency to avoid making a decision.
Irrational Behavior
Actions or decisions that contradict logic or reasoning, often deviating from expected or standard behavior.
Overconfidence
A cognitive bias where an individual overestimates their own ability, knowledge, or control over events.
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