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Which of the following is an example of an adverse supply shock?
Availability Heuristic
A mental shortcut that relies on immediate examples that come to a person's mind when evaluating a specific topic, concept, method, or decision.
Representativeness Heuristic
Judging the likelihood of things in terms of how well they seem to represent, or match, particular prototypes; may lead us to ignore other relevant information.
Algorithm
A fixed, step-by-step procedure or set of rules for solving a problem or accomplishing a task.
Concept
A mental grouping of similar objects, events, ideas, or people.
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