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dskmvld dskmvld
wrote...
Posts: 489
4 years ago
To assess the benefit of a product never consumed, the brain bases its benefit valuation on:

▸ chance.

▸ the cost of the product.

▸ past experiences with similar products.

▸ The brain cannot value the benefit of a product never consumed.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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AndreasnlnvldAndreasnlnvld
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Posts: 381
4 years ago
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