Based on research on the anchoring and adjustment heuristic, for which of the following prices is a home seller likely to get an offer that is furthest away from their asking price?

Question

Quizplus · Accepted Answer

The anchoring and adjustment heuristic suggests that people rely heavily on the first piece of information (the "anchor") when making decisions. Round numbers like $200,000 are more likely to be adjusted by potential buyers, leading to offers that deviate more from the asking price compared to more specific numbers.

Based on Research on the Anchoring and Adjustment Heuristic, for Which