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You Are in Line Waiting for a Store to Open

Question 16

Multiple Choice

You are in line waiting for a store to open so that you can purchase a deeply discounted television. Since they only have a few discounted TVs left, the store begins to auction off the last claim tickets that will allow you to purchase the TV. You see the stack of boxes and begin imagining where you will put the television. What does this exemplify?


A) compulsive hoarding syndrome
B) auction fever
C) mere ownership effect
D) loss aversion

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