Business
Business, 25.04.2020 05:12, kalbaugh

Barb and Ken purchased a house for $300,000 in 2005. When they needed to sell because of a job transfer in 2009, the house was appraised for $250,000 but they put it on the market for $300,000 anyway. The house is still on the market. Behavioral tendencies at work here may include:

A. representativeness and narrow framing. B. loss aversion and anchoring. C. familiarity bias and self attribution bias. D. overconfidence and representativeness.

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Barb and Ken purchased a house for $300,000 in 2005. When they needed to sell because of a job trans...

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