Multiple Choice
Felipe and Meg are selling their home.They listed their house three months ago at an extremely high selling price,a price they randomly chose.They do not want to reduce the price to reflect what the marketplace shows their home is really worth.Felipe and Meg are participants in _____ bias.
A) blind
B) ego
C) confirmation
D) sunk-cost
E) anchoring and adjustment
Correct Answer:
Verified
Correct Answer:
Verified
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