Edward Claims That He Is Not Prejudiced Against Members of Other

question 160

Multiple Choice

Edward claims that he is not prejudiced against members of other races.However,on a bus he never sits next to anyone of a different race and in class he never works on a project with members of a different race.This type of subtle prejudice illustrates

• A) hindsight bias.
• B) microaggressions.
• C) stereotyping.
• D) scapegoating.

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Definitions:

Price Maker

A firm or entity that has significant control over the price of the goods or services it provides, due to lack of competition.

Big Data

Refers to extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations, especially relating to human behavior and interactions.

Price Discriminate

A pricing strategy where identical or substantially similar goods or services are sold at different prices to different customers.

Personalized Pricing

A pricing strategy where prices are set for individual customers based on their perceived willingness to pay, often using data analytics.