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A week ago
An eBay seller noticed an interesting thing while listing her products on eBay.  If she listed her items  with a high starting bid, she would not get any bids.  However, if she started her items out at a lower starting bid, she would often sell them for more money than the high starting bid she had assigned other items.  This MOST LIKELY reason for this is ________ .

▸ buyer's remorse

▸ use of the availability heuristic

▸ an escalation of commitment by the buyer

▸ use of the representative heuristic
Source  Download
Understanding and Managing Organizational Behavior
Edition: 6th
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an escalation of commitment by the buyer
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A week ago
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