Mark,the Manager of a Company,decides Not to Invest in a New

question 85

Multiple Choice

Mark,the manager of a company,decides not to invest in a new product based on his recollection of a recent product failure,even though the readily available information is infallible and irrelevant.This is an example of ________.

• A)confirmation error
• B)framing error
• C)availability bias
• D)escalating commitment
• E)anchoring bias

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Definitions:

De-energized

A state in which electrical equipment is not connected to a source of power and has no electric charge.

Hardwired Circuit

A physical electrical circuit built through direct connections rather than programmable or software-controlled interfaces.

Coil TD

Time Delay coil in programmable logic controllers or electrical circuits, providing a delay function before enabling an action.

Accumulated Value

The total sum or result after repeatedly adding a value, often used in the context of counters or accumulators in programming.