What is the endowment effect? Question 7 options: The tendency of people to be willing to sell a good they already own even if they are offered a price that is greater than the price they would be willing to pay to buy the good if they didn't already own it The tendency of people to be unwilling to sell a good they already own even if they are offered a price that is greater than the price they would be willing to pay to buy the good if they didn't already own it The tendency of people to be unwilling to sell a good they already own even if they are offered a price that is less than the price they would be willing to pay to buy the good if they didn't already own it The tendency of people to be willing to sell a good they do not own even if they are offered a price that is greater than the price they would be willing to pay to buy the good if they didn't already own it
What is the endowment effect?
Question 7 options:
The tendency of people to be willing to sell a good they already own even if they are offered a price that is greater than the price they would be willing to pay to buy the good if they didn't already own it
The tendency of people to be unwilling to sell a good they already own even if they are offered a price that is greater than the price they would be willing to pay to buy the good if they didn't already own it
The tendency of people to be unwilling to sell a good they already own even if they are offered a price that is less than the price they would be willing to pay to buy the good if they didn't already own it
The tendency of people to be willing to sell a good they do not own even if they are offered a price that is greater than the price they would be willing to pay to buy the good if they didn't already own it
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