An adolescent is told that a person riding the bus is reading the New York Times. The adolescent is asked if the person is more likely to have no college degree or if the person is more likely to have a Ph.D. The adolescent responds that the person is more likely to have a Ph.D. The correct answer, however, is that the person is more likely to have no college degree. The adolescent has experienced _____.
A) hypothetical thinking
B) sunk cost fallacy
C) base rate neglect
D) concrete operational thinking
Correct Answer:
Verified
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