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Author Question: _____ refers to the tendency for owners and potential sellers of goods and products to value those ... (Read 129 times)

Redwolflake15

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_____ 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.



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Dinolord

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Answer to Question 1

d

Answer to Question 2

c




Redwolflake15

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Reply 2 on: Jun 20, 2018
YES! Correct, THANKS for helping me on my review


brbarasa

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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