Kamal argues that 9 AM is a bad time to sign up for a small discussion group because he will be too tired from the previous night's activities. He prefers to sign up for a large lecture class at that time. Raoul disagrees, noting that this small discussion group is something they both wanted to do and will require their attention, while they may not focus in the lecture class. Kamal says that this is not a commonsense approach. What weakness does Kamal exhibit?
A. lack of self-awareness
B. lack of objectivity
C. lack of rigor
D. over-reliance on hindsight
E. lack of authenticity
Answer: D
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Price elasticity depends upon the magnitude and direction of the contemplated price change
Indicate whether the statement is true or false