Solved

When Negotiating with a Potential Buyer,Tela Always Starts by Suggesting

Question 1

Multiple Choice

When negotiating with a potential buyer,Tela always starts by suggesting a price that is much higher than she expects to receive.She's noticed that when she suggest a specific number,the buyer is likely to counter with an offer that is relatively close to her initial suggestion.This is an example of:


A) a framing effect.
B) a mental set.
C) an availability effect.
D) an anchoring effect.

Correct Answer:

verifed

Verified

Related Questions