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We know that experiences bring more long-lasting happiness than material purchases. One reason cited is that people get used to the new purchase relatively quicky
We know that experiences bring more long-lasting happiness than material purchases. One reason cited is that people get used to the new purchase relatively quicky and the novelty fades. This experience is often referred to as: Question 4Answer a. Availability b. Opportunity costs c. Anchoring and adjustment d. Hedonic adaptation
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