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Riley has a new tennis racket for which she paid $150. Haley would like to buy the racket from Riley. Assuming Rileys decision is only

Riley has a new tennis racket for which she paid $150. Haley would like to buy the racket from Riley. Assuming Rileys decision is only influenced by the endowment effect, which of the following amounts would most likely represent how much Riley would have to receive to be willing to sell the racket?

Multiple Choice

  • $150

  • $160

  • $100

  • $0

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