Having just spent $1,500 for a new engine for his old car, Danilo now learns his transmission needs to be replaced. He decides to junk the car now, rather than repair it. Danilo has avoided the __________ bias.
A. anchoring and adjustment
B. confirmation
C. availability
D. representativeness
E. escalation of commitment
E. escalation of commitment
You need to be aware of the escalation of commitment bias, whereby decision makers increase their commitment to a project despite negative information about it.
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The national identities of products are blurring due to the effects of
A. globalization. B. nearshoring. C. downsizing. D. furloughing.
In most legal controversies, there is one single correct result
Indicate whether the statement is true or false
Cheryl is a 17-year-old high school student who was elected homecoming queen and does part-time modeling to earn money for college. She has an important interview with a modeling agency and wants to make a good impression, so she withdraws $5,000 from
her savings and buys a designer outfit and a fur coat for the interview. A week later, she returns the coat to the department store and says she would like her money back. The store is reluctant to take the items. What are Cheryl's rights? Explain your answer, citing relevant law.
In 2015, Leo's wife died. Leo has two small children, ages 2 and 4, living at home whom he supports entirely. Leo does not remarry and is not claimed as a dependent on another's return during any of this period. In 2016, 2017, and 2018, Leo's most advantageous filing status is, respectively
A. single for all three years. B. surviving spouse, surviving spouse, head of household. C. head of household for all three years. D. surviving spouse, surviving spouse, single.