Discrimination Is an Example of a Rationing Mechanism That May

question 5

True/False

Discrimination is an example of a rationing mechanism that may naturally develop in response to a binding price floor.

Understand conditions under which directive, participative, and supportive leadership behaviours are appreciated by employees.

Understand the concept of prototypes and their role in categorization.

Comprehend the various problem-solving strategies: insight, algorithms, and heuristics.

Recognize the influence of cognitive biases and heuristics on decision-making and judgments.