Use the Following to Answer Questions

question 100

Multiple Choice

Use the following to answer questions:
Figure: Supply and Demand in the Apple Juice Market
-(Figure: Supply and Demand in the Apple Juice Market) Use Figure: Supply and Demand in the apple juice market.The market is in equilibrium at point C.A reputable scientist asserts in a major scientific publication that drinking apple juice will increase your life span.What will be the MOST likely new equilibrium point in the apple juice market?

• A) A
• B) B
• C) D
• D) E

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Definitions:

Confirmation Bias

The tendency to look only for evidence that supports our assumptions.

Interpretive Bias

The tendency to interpret information in a way that confirms one's preconceptions, often leading to skewed understanding or judgment.

Reflective Skepticism

The practice of questioning and critically examining one's own beliefs and assumptions.

Critical Thinkers

Individuals who actively and skillfully conceptualize, apply, analyze, synthesize, and evaluate information to reach an answer or conclusion.