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An Eyewitness Accurately Reports That a Thief Wore a Red

question 192

Multiple Choice

An eyewitness accurately reports that a thief wore a red jacket. The eyewitness then sees a lineup in which the thief is wearing a blue jacket. She later reports that the thief wore a blue jacket during the theft. This error is most likely due to which of the following?


Definitions:

Market

A system or an arena where parties engage in exchange of goods, services, or information.

Positive Externality

A benefit that affects a party who did not choose to incur that benefit, often associated with public goods and services.

Historic Buildings

Structures that hold historical significance due to their architecture, association with important events, or cultural impact.

External Costs

Costs of economic activities that are not reflected in the market price, affecting parties who did not choose to incur that cost.

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