Riley has a new tennis racket for which she paid $75. Haley would like to buy the racket from Riley. Assuming Riley's decision is only influenced by the endowment effect, which of the following amounts would most likely represent how much Riley would have to receive to be willing to sell the racket? a. 200 b. 250 c. 175 d. 100

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Riley has a new tennis racket for which she paid $75. Haley would like to buy the racket from Riley. Assuming Riley's decision is only influenced by the endowment effect, which of the following amounts would most likely represent how much Riley would have to receive to be willing to sell the racket?

a. 200

b. 250

c. 175

d. 100

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