When people project or predict an exponentially growing quantity into the future, they typically:
A) accurately predict the same increasing rate of growth.
B) predict a linear rate of growth
C) predict that the quantity rate will stop increasing
D) predict that the quantity will start decreasing.

Question

Quizplus · Accepted Answer

People often mistakenly predict future growth of an exponentially growing quantity by assuming a linear rate of growth, rather than accurately accounting for the exponential increase. This is due to a common cognitive bias where linear thinking is applied to situations that are actually characterized by exponential dynamics.

When People Project or Predict an Exponentially Growing Quantity into the Future