answer the question below as soon as possible, ! Transcribed Image Text: Kim is looking to buy her first home. The home is listed at $250, 000. Given the neighbourhood

answer the question below as soon as possible, ! Transcribed Image Text: Kim is looking to buy her first home. The home is listed at $250, 000. Given the
neighbourhood that the home is in, and recent sales in the area, Kim is confident that
the house is actually worth about $235, 000. Kim makes an initial offer of $220, 000
on the house. In this example, the listing price of the home ($250, 000) serves as
a(n):
18
O heuristic
fixed point
anchor
bounded rationality
O O O O

Do you need us to help you on this or any other assignment?


Make an Order Now
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.