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Research on the Anchoring and Adjustment Heuristic Indicates That People

Question 53

Multiple Choice

Research on the anchoring and adjustment heuristic indicates that people ____.


A) usually remain (too) close to their anchors
B) usually "adjust" too much away from their anchors
C) will not engage in this heuristic if they know that the anchors are arbitrary
D) will not engage in this heuristic if they know that it can lead to faulty decisions

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