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Author Question: Lowenstein & Issacharoff (1994) gave subjects mugs and found that a. those that thought they ... (Read 9 times)

piesebel

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on: Jun 20, 2018
Lowenstein & Issacharoff (1994) gave subjects mugs and found that
 
  a. those that thought they earned the mug placed a higher selling price on it.
  b. those that thought they earned the mug refused to sell it.
  c. those that were told they were random recipients of the mug placed a higher selling price on it.
  d. those that were told they were random recipients of the mug refused it.

Question 2

Utility is the
 
  a. subjective value of an outcome. c. estimated probability of an outcome.
  b. objective value of an outcome. d. estimated frequency of an outcome.


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Ksh22

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Reply #1 on: Jun 20, 2018
Answer to Question 1

A

Answer to Question 2

A


piesebel

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Reply 2 on: Jun 20, 2018
Great answer, keep it coming :)

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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