A common bias in consumer decision making is to:

Name: A common bias in consumer decision making is to:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The common bias in consumer decision making is to view prices to be lower than they really are. This is because consumers tend to focus more on the benefits of a product or service rather than its actual cost. As a result, they may underestimate the true cost of a product or service and end up making purchasing decisions that are not based on accurate pricing information.

A Common Bias in Consumer Decision Making Is To