Edward Believes That There Are a Lot of Differences Between

question 2

Multiple Choice

Edward believes that there are a lot of differences between men and women on a variety of different dimensions. He believes this because when he thinks about books that have been written on men and women, he can quickly recall only books that say men and women are different (e.g., Men Are from Mars, Women Are from Venus) and cannot recall any that say men and women are the same. His reliance on what comes to mind is an example of which of the following?

• A)The availability heuristic
• B)Cherry-picking of evidence
• C)Confirmation bias
• D)Overconfidence

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Definitions:

Payment Stream

A sequence of payment installments made over a period of time, often associated with loans or annuities.

Rented Capital

The use of assets or equipment by a firm for a period of time in exchange for payment without owning them.

Capital Usage

Refers to how assets are employed within a firm to generate value, emphasizing the effective application of physical and financial capital.

Capital Inputs

The goods or services used to produce other goods or services, particularly those which are fixed like machinery or buildings versus labor.