You Estimate the Number of Bottles of Pop You'll Need

question 25

Multiple Choice

You estimate the number of bottles of pop you'll need for the 4th of July picnic,based on the Christmas party consumption,but taking into account the fact that the weather will be warmer.Which heuristic does this example illustrate?

• A)Availability
• B)Base rate fallacy
• C)Anchoring and adjustment
• D)Representativeness

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Definitions:

Taft-Hartley Act

A United States federal law passed in 1947 that restricts the activities and power of labor unions.

Employee Free Choice Act

a proposed U.S. law aimed at making it easier for workers to form, join, or assist labor organizations and provide for mandatory injunctions for unfair labor practices during organizing efforts.

Wagner Act

Also known as the National Labor Relations Act of 1935, it is foundational U.S. legislation establishing the right of workers to organize into trade unions and engage in collective bargaining.

Disparate Treatment Discrimination

A form of discrimination where an individual is treated less favorably than others in similar circumstances, based on race, color, religion, sex, or national origin.