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    Economics-Microeconomics
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    Exam 8: Utility and Demand
  5. Question
    The Tendency of People to Value Something More Highly When
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The Tendency of People to Value Something More Highly When

Question 154

Question 154

Multiple Choice

The tendency of people to value something more highly when they own it is called the


A) wealth effect.
B) endowment effect.
C) path dependent effect.
D) endorsement effect.

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