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Author Question: When multiple facts about a sample set are known, a(n) _____ heuristic makes the choice on the basis ... (Read 58 times)

JMatthes

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on: Jun 30, 2018
When multiple facts about a sample set are known, a(n) _____ heuristic makes the choice on the basis of the first category of facts in which the samples differ.
 a. elimination
  b. representative
  c. recognition
  d. availability

Question 2

A price change triggers the income effect but not the substitution effect.
 a. True
  b. False
  Indicate whether the statement is true or false


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cici

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

False


JMatthes

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

kishoreddi

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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