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Category > Business & Finance Posted 31 May 2017 My Price 12.00

Roger's Meat Market is a chain of retail stores

Roger's Meat Market is a chain of retail stores that limits its sales to fresh-cut meats. The stores have been very profitable in northern cities. However, when two stores were opened in the south, both lost money and had to be closed. Roger, the owner, has now concluded that no southern-based store should be opened as it would not be profitable. Which one of the following applies to Roger?
A)Confirmation bias
B) Endowment effect
C) Money illusion
D) Affect heuristic
E) Representativeness heuristic

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Status NEW Posted 31 May 2017 05:05 AM My Price 12.00

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