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Author Question: When people make decisions based on pieces of information they are already given when they make a ... (Read 128 times)

kamilo84

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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



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shailee

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Answer to Question 1

d

Answer to Question 2

True




kamilo84

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


scottmt

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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