Which One of the Following Is the Best Example of Confirmation

question 49

Multiple Choice

Which one of the following is the best example of confirmation bias?

• A) Paula drops a stone and a paperclip from a second-story window. She sees that they reach the ground at the same time. "I know heavy objects fall faster," she says, "so I must have released the paperclip earlier than the stone."
• B) Janet wonders why the moon appears bigger at the horizon than high in the sky. "Maybe it's closer to us when it's on the horizon," she thinks.
• C) Rodney has heard that chocolate can be poisonous to dogs and in large amounts can even be fatal. He searches the Internet for a possible explanation for this puzzling fact.
• D) Elliott loves watching challenging television game shows. He tries to answer questions along with the contestants, and he keeps score to see whether he might have won cash and prizes if he had actually been on the show.

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Definitions:

Monopolist

A market participant that is the sole seller of a product or service, having significant control over its price.

Demand Curve

illustrates the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.

Marginal Cost

The expense incurred in creating an extra single unit of a product or service.

Price Elasticity

A metric that determines how the demand for a certain good fluctuates with its price adjustments.