Multiple Choice
Which of the following is an example of the endowment effect?
A) A consumer places a higher value on a good currently owned as compared to a good they are considering purchasing.
B) A consumer uses a portion of income in order to provide income to future generations.
C) As a consumer's income increases,they increase consumption of most goods.
D) Consumers will tend to value objects the same for buying and selling.
Correct Answer:

Verified
Correct Answer:
Verified
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