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Last week,Mike heard about five separate airplane crashes on the news.Even though,overall,motorcycle accidents account for more accidents than plane crashes do,Mike decides to ride his motorcycle from Washington to Atlanta instead of flying.Which bias is reflected in Mike's decision?
Natural Resources
Assets occurring in nature, such as minerals, forests, water, and fertile land, that can be used for economic gain.
Relative Price
The price of a good or service in comparison to the price of other goods and services.
Proved Reserves
Quantities of natural resources like oil or gas that geological and engineering information indicates with reasonable certainty can be recovered in the future from known reservoirs under existing economic and operational conditions.
Fluctuated
Describes variations or changes in level, strength, or value over a period of time.
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