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  3. Study Set
    Consumer Behavior Study Set 4
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    Exam 11: Behavioral Decision Theory
  5. Question
    In the Endowment Effect and the Sunk Cost Effect, Consumers
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In the Endowment Effect and the Sunk Cost Effect, Consumers

Question 28

Question 28

Multiple Choice

In the endowment effect and the sunk cost effect, consumers underestimate:


A) motivation
B) expected utility
C) opportunity costs
D) selective processing
E) the diminishing sensitivity effect

Correct Answer:

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