The logical (and sometimes illogical) shortcuts that people derive from experience which economize on their mental capabilities are called:

a. irrationalities.
b. heuristics.
c. statistical errors.
d. probabilities.


B

Economics

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In Sioux Falls, South Dakota, there are many pizza restaurants, each offering similar types of pizza but each restaurant is located in a different place around the city. It is likely a pizza restaurant in Sioux Falls, South Dakota, operates in a(n):

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