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Author Question: When people make decisions based on pieces of information they are already given when they make a ... (Read 149 times)

kamilo84

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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


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shailee

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


kamilo84

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

shailee

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

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