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Author Question: When people use a recognition heuristic, they often get answers right because the correct answer is ... (Read 27 times)

Zulu123

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on: Jun 30, 2018
When people use a recognition heuristic, they often get answers right because the correct answer is usually the one they are familiar with while the incorrect answer is the one which is unfamiliar to them.
  Indicate whether the statement is true or false

Question 2

The _____ effect indicates that an individual's income can buy more of all goods when the price of one good declines, everything else held constant.
 a. scale
  b. endowment
  c. substitution
  d. price
  e. income


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kristenb95

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

T

Answer to Question 2

e


Zulu123

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

emsimon14

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Reply 3 on: Yesterday
Wow, this really help

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