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    Business
  3. Study Set
    Consumer Behavior Study Set 1
  4. Exam
    Exam 1: Understanding Consumer Behavior
  5. Question
    Sellers Should Create the Endowment Effect by Setting a Higher
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Sellers Should Create the Endowment Effect by Setting a Higher

Question 8

Question 8

True/False

Sellers should create the endowment effect by setting a higher price for goods than buyers are willing to pay.

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