Jaylin saw a dress she liked in her favorite department store a month ago. At that time, the dress was on sale for 50% off but Jaylin did not buy it then. Instead, she bought it after the sale had ended when the store had a "Buy One, Get One Free!" promotion. Jaylin's behavior can be explained by
A) altruism.
B) a framing bias.
C) overconfidence.
D) a sunk cost fallacy.
Correct Answer:
Verified
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