Question options:
A. Don't worry about it, it will get done
B. Are there any other items of new business?
C.yeah that's a problem, but I'm really worried about getting this meeting over with
D. The fact that our deadline is approaching worries you?
Answer:
C.yeah that's a problem, but I'm really worried about getting this meeting over with
Explanation:
Sieburg and Larson describe confirming and disconfirming responses as responses that can positively(confirming response) or negatively(disconfirming response) affect a person's self worth.
The above is a tangential response which is a type of disconfirming response that initially starts out responding to a person's statements but then changes the topic, expressed in, "...but I'm really worried about getting this meeting over with".
Answer:
The answer is C) overconfidence.
Explanation:
This bias takes place when people overestimate their possibilities of success. The real possibilities might be affected by the person's performance or a competitor's performance.
Studies show that people are more usually overconfident when presented in unfamiliar or difficult situations.
Answer:
A binding price floor is set above the equilibrium price as a minimum price
A binding price ceiling is set below the equilibrium price as a maximum price
Equilibrium price is $1.50
a) The government prohibits donut shops from selling donuts for more than $1.10 each = Price ceiling and it is Binding
b) The government has instituted a legal minimum price of $1.80 each for donuts = Price Floor and it is Binding
c) Due to new regulations donut shops that would like to pay better wages in order to hire more workers are prohibited from doing so = Price ceiling and it is non-binding (as firms are wiling to offer higher wages than the minimum wage rate)
Explanation:
the government makes basic economic decisions
