Evolutionarily Speaking, One Reason That People Prefer the Familiar Over

question 179

Multiple Choice

Evolutionarily speaking, one reason that people prefer the familiar over that which is unfamiliar is that __________.

• A) unfamiliar things can be potentially dangerous
• B) familiar things are always good
• C) unfamiliar things require more cognitive effort to process
• D) familiar things tend to fall into our schemas and stereotypes

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Definitions:

Labor's Share

The segment of a country's income or production assigned to employees through wages, salaries, and perks.

Overall Efficiency

The effectiveness with which a system, such as an economy or a production process, utilizes resources to achieve its objectives, maximizing output with minimal waste.

Operations

The day-to-day activities involved in managing a business, including production, logistics, and delivery of goods and services.

Proprietor's Income

Represents the earnings of the owner of a business, factoring in revenue minus expenses and taxes.