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8 1 point Jeff and En - Chi are selling their home. They listed their house three months ago at an extremely high selling price,
point
Jeff and EnChi are selling their home. They listed their house three months ago at an extremely high selling price, a price they randomly chose.
They do not want to reduce the price to reflect what the market shows their home is really worth. Jeff and EnChi are participants ir
bias.
ego
confirmation
anchoring and adjustment
sunkcost
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