Solved

Mary Goes Ahead and Buys a New Car Because She

Question 26

Multiple Choice

Mary goes ahead and buys a new car because she expects to receive a 10% increase in her salary next year.What type of behaviour does this BEST represent?


A) status quo bias
B) overconfidence
C) misperception of opportunity costs
D) risk aversion

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions