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If you exhibit the endowment effect as a decision maker, then you are ____ (A) ignoring non-monetary opportunity costs. (B) deciding on the basis of sunk costs. (C) buying somet…
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If you exhibit the endowment effect as a decision maker, then you are ____ (A) ignoring non-monetary opportunity costs. (B) deciding on the basis of sunk costs. (C) buying somet…
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Mar 25, 2020
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If you exhibit the endowment effect as a decision maker, then you are ____
(A) ignoring non-monetary opportunity costs.
(B) deciding on the basis of sunk costs.
(C) buying something you can't really afford because you expect to save in the future.
(D) consuming based on celebrity endorsements.
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Answer:
ignoring non-monetary opportunity costs.
Step-by-step explanation:
Artelius
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Mar 31, 2020
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