This topic contains a solution. Click here to go to the answer

Author Question: _____ refers to the tendency for owners and potential sellers of goods and products to value those ... (Read 143 times)

Redwolflake15

  • Hero Member
  • *****
  • Posts: 569
_____ refers to the tendency for owners and potential sellers of goods and products to value those products more than potential buyers do.
 
  a) Egocentrism
  b) Allocentrism
  c) Affective commitment
  d) Endowment effect

Question 2

Which of the following statements is true of categorization?
 
  a) It is inconsequential in decision making.
  b) It makes processing of information inefficient.
  c) It helps people keep track of what they are thinking about.
  d) It creates confusion while making decisions.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Dinolord

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

d

Answer to Question 2

c




Redwolflake15

  • Member
  • Posts: 569
Reply 2 on: Jun 20, 2018
Wow, this really help


steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library