A builder in Miami started constructing homes during the "hot" real estate market,even though he knew there were a lot of speculators in the market.The market went cold,and the builder was stuck selling for very low prices.The builder demonstrated
A)bounded optimization.
B)escalation of commitment.
C)risk propensity.
D)strategic maximization.
E)intuitive rationality.

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The Answer of A builder in Miami started constructing homes during the "hot" real estate market,even though he knew there were a lot of speculators in the market.The market went cold,and the builder was stuck selling for very low prices.The builder demonstrated
A)bounded optimization.
B)escalation of commitment.
C)risk propensity.
D)strategic maximization.
E)intuitive rationality.

A Builder in Miami Started Constructing Homes During the "Hot