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bagirrra123 [75]
3 years ago
14

Behavioral economistsLOADING... attribute some consumer behavior to the endowment effect. Which of the following is an example o

f the endowment​ effect? An example of the endowment effect is A. being willing to will your descendents a househouse upon your death that you otherwise could have sold for a substantial price. B. buying lottery tickets with an expected value that is less than their price. C. being unwilling to sell a carcar that you already own. D. being unwilling to sell a paintingpainting for a price that is greater than the price you would be willing to pay to buy the paintingpainting if you​ didn't already own it. E. taking into account nonmonetary opportunity costs such as the value of your time.
Business
1 answer:
mestny [16]3 years ago
6 0

Answer:  Option C

Explanation: As per the subject matter of behavioral economics, endowment effect refers top the phenomenon under which it is assumed that a rational individual will retain a commodity he or she already owns rather than acquiring the same commodity if he do not own it.

Hence from the above we can conclude that correct option is C as it states that one will not sell a painting even though at a price that the holder would pay to purchase it himself.  

   

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Which revision eliminates the pronoun shift in the sentence below? if a student wishes to go on the field trip, they must bring
stealth61 [152]
Answer;
If a student wishes to go on the field trip, he or she must bring in a permission slip. 

Explanation; 
This is because a singular noun, student, should take a singular pronoun, and the subject must agree with the verb. That is; instead of using the noun student (singular noun) with the pronoun they (plural pronoun), one should use the pronouns he or she (singular pronoun)
3 0
3 years ago
Read 2 more answers
What is a family brand
wolverine [178]

Goods purchased for use by a family is a family brand. Thus, option C is correct.

<h3>What is the brand? </h3>

A brand can be defined as an intangible technique that is being used for the marketing through which the company product or the various lines of the product is called for. It is basically a signal through which the customer can explanation of the product company. It is the identity.

A family brand can be defined as a product in which the product can be used by all the people who are present in different forms of age, that is Middle age, child, or old people.

This is the basic which is being divided for the whole age group and the product is termed as the diverse product. It can also be a single-use product or a diverse element. Therefore, option C is the correct option.

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6 0
1 year ago
The ability and willingness to sell specific quantities of a good at alternative prices in a given time period, ceteris paribus
Zanzabum
Supply is the answer
4 0
3 years ago
The​ _______________ attempts to identify the​ "best" location for a single​ warehouse, store, or​ plant, given multiple demand
tankabanditka [31]

Answer:

C. weighted center of gravity method

Explanation:

Based on the information provided it seems that the term that is being mentioned is known as the weighted center of gravity method. This method is an approach that analyzes data in order to choose a single geographical coordinate for a single new facility that will minimize costs greatly as opposed to other possible locations.

6 0
3 years ago
The marginal benefit of an activity is i. the benefit from a oneminusunit increase in the activity ii. the benefit of a​ small,
Zanzabum

Answer:

The answer is i. the benefit from a one extra unit increase in the activity

Explanation:

Marginal approach gives a view from single unit perspective than from an entire production view point. This is mainly useful to consider whether the marginal benefit from producing more extra units exceed the marginal cost of those units.

3 0
3 years ago
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