You Started an Online Business Three Weeks Ago

question 40

Multiple Choice

You started an online business three weeks ago.Thus far,you have averaged 10 sales a day,which is one sale for every five hits.You are now considering giving up your day job and becoming a full-time online retailer.You have calculated the amount of income you can earn based on 10 sales a day and know that level of income would support you in a comfortable fashion.The belief that you will have 10 sales per day on average if this becomes your full-time occupation is based on which one of the following?

• A)mental accounting
• B)anchoring and adjustment
• C)law of small numbers
• D)bubble and crash theory
• E)confirmation bias

---

Definitions:

Feature Detectors

Neurons in the brain that specialize in recognizing specific features of an environment, such as lines, edges, or movement.

Vertical Line

A straight line that runs up and down, perpendicular to a horizontal line, often used in geometry and graphing.

Horizontal Line

A horizontal line is a straight line that runs left-to-right across a page or other surface, perpendicular to a vertical line.

Perceptual Organization

The process by which the brain structures sensory stimuli into meaningful patterns and shapes, enabling us to interpret and navigate our environment.