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Cameron Daigle
on Nov 25, 2024

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Scientists studying human behavior have found that people tend to

A) always make rational decisions.
B) make systematic errors in their decisions.
C) make only random errors in their decisions.
D) always make decisions that are not rational.

Systematic Errors

Errors in measurement or calculations that are consistently repeated and not due to chance variability, often affecting the accuracy of results.

Human Behavior

Human behavior refers to the range of actions and mannerisms exhibited by humans in conjunction with their environment, social structures, and culture.

Rational Decisions

Choices made based on logical reasoning and expected outcomes, considering all available information.

  • Recognize how behavioral economics explains the influence of cognitive biases and heuristics on decision making.
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Viviana CalderaNov 30, 2024
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