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3 weeks ago
Based on the anchoring effect, a seller has an incentive to plant a relatively ________ number in the buyer's head, and a buyer has an incentive to plant a relatively ________ number in the seller's head.

▸ large; small

▸ small; large

▸ small; small

▸ large; large
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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Posts: 230
3 weeks ago
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large; small
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