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Author Question: It has been observed that people surveyed shortly after major air crashes estimate higher ... (Read 43 times)

imanialler

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on: Jun 30, 2018
It has been observed that people surveyed shortly after major air crashes estimate higher probabilities that a given flight will crash than people surveyed during intervals without any. The error in reasoning observed in this experiment results from:
 a. availability heuristics.
  b. representative heuristics.
  c. population heuristics.
  d. selection bias.

Question 2

If a consumer is buying only two goods, A and B, then he or she will be in equilibrium only when MUa = MUb.
 a. True
  b. False
  Indicate whether the statement is true or false


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miss_1456@hotmail.com

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

A

Answer to Question 2

False


imanialler

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Reply 2 on: Jun 30, 2018
Excellent

aliotak

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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