Examlex
Free markets produce too little output when _____
Familiar Task
An activity or job that an individual has experience with and can perform with ease due to previous exposure or practice.
Positive Reference Group
A group that individuals admire and wish to be like or be associated with, influencing their behavior and attitudes positively.
Weight-of-numbers Bias
A cognitive bias where the sheer amount of information or data points available influences the perception of an argument's strength.
Minority Influence
Social influence processes whereby numerical or power minorities change the attitudes of the majority.
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