When people alter their preferences when a choice is presented in a certain way, it is called:
A)anchoring
B)framing
C)the endowment effect
D)compartmentalizing

Name: When people alter their preferences when a choice is presented in a certain way, it is called: A)anchoring B)framing C)the endowment effect D)compartmentalizing
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Question

Quizplus · Accepted Answer

Framing is the tendency for people to alter their preferences when a choice is presented in a certain way.

When People Alter Their Preferences When a Choice Is Presented