According to the Serial Position Effect, If You Are a Waiter

question 60

Multiple Choice

According to the serial position effect, if you are a waiter trying to remember all the orders for a table of seven, you should pay particular attention to the _____ orders, because these are the ones you are most likely to forget.

• A)first and second
• B)sixth and seventh
• C)third, fourth, and fifth
• D)first, third, and seventh

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Definitions:

Decision-Making Units

Groups or individuals within an organization that have the authority and responsibility to make choices that affect organizational outcomes.

Positive Economics

An approach to economics that seeks to understand behavior and the operation of systems without making judgments. It describes what exists and how it works.

Normative Economics

An approach to economics that analyzes outcomes of economic behavior, evaluates them as good or bad, and may prescribe courses of action. Also called policy economics.

Inflation

The rate at which the general level of prices for goods and services is rising, eroding purchasing power.