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    Microeconomics Study Set 23
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    Exam 19: Behavioral Economics
  5. Question
    In Understanding the Concept of Anchoring, Which Two Factors Play
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In Understanding the Concept of Anchoring, Which Two Factors Play

Question 2

Question 2

Multiple Choice

In understanding the concept of anchoring, which two factors play an essential role?


A) Price and quantity of equilibrium
B) Income and preferences
C) Utility maximization and the budget constraint
D) The context and the information available

Correct Answer:

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