The endowment effect is reflected by indifference curves that are
A) Concave to the origin
B) Convex to the origin
C) Straight lines
D) Kinked

Name: The endowment effect is reflected by indifference curves that are A) Concave to the origin B) Convex to the origin C) Straight lines D) Kinked
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Question

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The endowment effect suggests that people value items more once they own them, leading to a kinked indifference curve at the point of endowment, reflecting a change in preference.

The Endowment Effect Is Reflected by Indifference Curves That Are