Social Studies, 30.03.2020 19:31 misswonderless
Mike's wife sent him to the store to buy a can of green beans for dinner. When Mike got to the store, a sign in front of the green beans said "Limit 10." Although Mike had planned to buy only one can of beans, the sign made him think he was getting a good deal on green beans and that his wife would want as many as he could buy. He ended up buying 10 cans of green beans. Mike's behavior can be explained by: A. a sunk cost fallacy. B. overconfidence. C. a framing bias. D. altruism.
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