Answer: Representative Ness Heuristic
Explanation: Representative Heuristic is usually employed when the need to make relatively quick decision occurs and therefore relying on the most readily available mental information to guide our decision. The representative Heuristic relies on using a prototype or something very synonymous to the observation or decision to be made. In most cases, decisions of this sort are usually incorrect. In the scenario above, the representative Heuristic was employed as the teachers perception or guess was guided by the direction from which the ball rolled. The direction of the ball was used as prototype which influenced the teacher's decision to conclude it was the boy on the same row.
If an investor establishes a call spread, buys the lower exercise price, and sells the higher exercise price at a net debit, he anticipates that <u>the spread will widen</u>.
A straddle is an options strategy that buys both put and call options on the same underlying security with the same expiration date and strike price.
You can buy and sell straddles. A long straddle buys both calls and puts options on the same underlying stock with the same strike price and expiration date. If the underlying moves significantly in either direction before expiry, you can make a profit.
A call option buyer can hold the contract until the expiration date. At that time, you can either acquire 100 shares or sell the option contract at the market price of the contract at any time before the maturity date. There is a fee for purchasing a call option called Premium.
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Answer:
Causes of World War II :
1 The Failure of Peace Efforts.
2 The Rise of Fascism.
3 Formation of the Axis Coalition.
4 German Aggression in Europe.
5 The Worldwide Great Depression.
6 Mukden Incident and the Invasion of Manchuria (1931).
7 Japan invades China (1937).
8 Pearl Harbor and Simultaneous Invasions (early December 1941)
Answer: b. dialectical thinking.
Explanation:
Dialectical thinking is a way of reasoning in which the person thinks and synthesis the two opposing viewpoints on the same situation, topic or object. The dialectical thinking is a feature of one's cognitive ability.
The dialectical thinking is supported by the new experiences and interpersonal interaction with the daily life situations.
According to the given situation, here, Aldrich is showing a change in opinion about the same topic. This is the outcome of the dialectical thinking which has been generated due to comparison between previously known facts that honesty is a best policy but honesty is not always beneficial for the person thus has created two opposing view points. This is the outcome of development of the cognitive flexibility.
