Sixty-Five-Year-Old Bernice Is Taking Courses at the University with the Intention

question 214

Multiple Choice

Sixty-five-year-old Bernice is taking courses at the university with the intention of completing a bachelor's degree.Some members of her family think she is not likely to succeed because she is much too old to learn new information.This family's thinking about Bernice illustrates

• A) hindsight bias.
• B) prejudice.
• C) discrimination.
• D) stereotyping.

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Definitions:

Bias

A preconception or inclination towards something, potentially leading to unfair judgments or decisions in various contexts.

Incremental Overhead

The additional indirect costs incurred due to a change in business activities, such as an increase in production volume.

Income Taxes

Taxes levied by a government directly on income, especially an annual tax on personal or corporate earnings.

Sunk Costs

Sunk costs are expenses that have already been incurred and cannot be recovered.