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Refer to the accompanying figure. At a price of $9, there will be:
Cognitive Misers
A term describing how individuals prefer to conserve cognitive energy by simplifying complex information and relying on heuristics for decision-making.
Stereotypical
Pertaining to a fixed, overly simplistic, and generalized belief or idea about a particular group of people or thing.
Defensive Attribution
A psychological process in which individuals attribute causes to events in a way that defends themselves from feelings of vulnerability and mortality.
Victims
Individuals who have suffered harm or injury as a result of an action or event.
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