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Distinguish between social projection bias and false consensus bias.
Overbooking
The practice, often used in the travel and hospitality industry, of accepting more reservations than there is available capacity, based on predictions of last-minute cancellations.
Asset Value
The monetary worth of physical or non-physical items owned by an individual or entity, which can be converted into cash or provide economic benefits.
Deadline
A specific time or date by which a task must be completed or a project must be finalized.
Corporate Demand
The total demand for products or services generated by businesses and corporations.
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