List one cognitive benefit and one cognitive disadvantage of relying on Anchoring Heuristics

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List one cognitive benefit and one cognitive disadvantage of relying on Anchoring Heuristics. (260 words)

  • Please use layman terms as much as possible and give examples so that what is being said can clearly be understood.
  • Please use legitimate sources to reference from so that the teacher can even access what was referenced.
  • Please use APA formatting, complete with a reference list, date retrieved and web addresses.

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