That Many People Vote for a Candidate Based More on Whether

question 40

Multiple Choice

That many people vote for a candidate based more on whether they like the candidate or not, rather than voting for the candidate that is the most qualified for the job, illustrates how _____ tends to affect one's judgment.

• A)ignoring the base rate
• B)the unconscious mind
• C)emotion
• D)divergent thinking

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Definitions:

Benefit Surpluses

Surplus benefits are the additional welfare or gains received by individuals or society that exceed the expected or required amounts; however, in a strict economic context, the term is uncommon and might be a misinterpretation of concepts like consumer or producer surplus.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers at those prices.

Supply Curve

A visual chart that illustrates the connection between a product's price and the amount of the product that suppliers are prepared to offer.

External Benefits

Positive effects experienced by third parties or the society at large due to an economic transaction they were not directly involved in.