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According to the Anchoring Effect, People

Question 1

Multiple Choice

According to the anchoring effect, people


A) resist problem solutions developed by others.
B) depend too much on problem solutions developed by others.
C) don't adjust successive estimates enough in the face of new information.
D) rely too much on the most recent information received.
E) tend to invest additional resources in an apparently failing course of action.

Correct Answer:

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