Author Question: When people make decisions based on pieces of information they are already given when they make a ... (Read 156 times)

kamilo84 · **on:** Jun 30, 2018

When people make decisions based on pieces of information they are already given when they make a purchase, it is called
a. self control
b. compartmentalizing
c. anchoring
d. endowment effect

Question 2

A perfectly competitive firm hires more resources than a monopolist.
a. True
b. False
Indicate whether the statement is true or false