Author Question: Suppose a social activist collecting information on the level of air pollutants in sparsely ... (Read 73 times)

cagreen833 · **on:** Jun 30, 2018

Suppose a social activist collecting information on the level of air pollutants in sparsely populated regions concludes that pollution levels are positively related to population. Since her sample set is restricted only to sparsely populated regions her outcome would be erroneous due to:
a. recognition heuristic.
b. availability heuristic.
c. representative heuristic.
d. selection bias.

Question 2

Suppose that apples and bananas both cost the same, but the marginal utility of bananas is twice as high as that for apples. The consumer should purchase more bananas and fewer apples in order to maximize utility.
a. True
b. False
Indicate whether the statement is true or false