Narinder Has Two Exams the Following Day

question 83

Multiple Choice

Narinder has two exams the following day.She is convinced that no matter what she does, she will not be able to pass one of them.On the other hand, she thinks if she studies hard for the other exam, she could actually do well.Therefore, Narinder decides to study only for the exam she thinks she can pass.Narinder has:

• A)made an error known as the conjunction fallacy-her performance in one exam is independent of her performance in the other exam.
• B)demonstrated a lack of metamemory because with sufficient effort anyone can pass two exams.
• C)failed to understand a principle of metamemory-namely that JOLs can be used to help us study.
• D)demonstrated an aspect of metacognitive control-she marshaled her resources to accomplish a possible goal.

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Definitions:

Legally Binding

A term describing agreements or contracts that are enforceable by law, meaning parties must abide by the terms or face legal consequences.

Source of Law

The origin from which a particular legal rule or principle derives, such as a constitution, statute, court decision, or executive order.

Downward Sloping Demand

A characteristic of most demand curves, indicating that as the price of a good decreases, the quantity demanded increases.

Monopoly Power

The ability of a single supplier to control the market prices and output of a good or service, due to lack of competition.