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A Decision Bias Is an Inherent Tendency of Most Decision

Question 99

Multiple Choice

A decision bias is an inherent tendency of most decision makers that leads to incorrect decisions.An example of decision bias is:


A) Failure to consider all relevant costs.
B) Failure to properly identify sunk costs as irrelevant.
C) Failure to consider opportunity cost.
D) Failure to adjust for the time value of money.

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