Examlex
Which of the following does not characterize a competitive market?
Framing Effect
A cognitive bias where people react differently to a particular choice or situation depending on how it is presented.
Availability Heuristic
A cognitive bias that leads people to overestimate the likelihood of events based on their ability to recall examples.
Intrinsic Motivation
The drive to engage in an activity for its own sake, enjoying the process without needing external rewards.
Creativity
the ability to produce original and valuable ideas or things, often involving thinking or acting outside traditional patterns or rules.
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