Multiple Choice
Even though Ellen does not urgently require boots, she says that she would rather buy a pair of boots today (for $200) rather than to wait two weeks, when they will be on sale for half the price. Ellen's decision MOST likely involves ____.
A) temporal discounting
B) risk aversion
C) the status quo bias
D) the omission bias
Correct Answer:
Verified
Correct Answer:
Verified
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