Norman chronically buys and sells "things" on eBay. He is used to establishing an anchor in negotiating his way toward some endpoint, a sales price, an agreement about delivery time, shipping costs, whatever
The anchor for him is almost always a way of dealing with ________.
A) others' likely business judgments
B) knowing what the item likely sells for elsewhere
C) uncertainty
D) balancing likely costs with expected profit generation
E) frequent ups and downs in the market price
Answer: C
You might also like to view...
According to a large-scale Spanish study by Sangrador and Yela (2000), although physical attractiveness was the single most important predictor of initial attraction it was the ________ important in long-term relationships
a. second-most b. fifth-most c. ninth-most d. least
The ability to become increasingly more effective in solving problems as more problems are solved is known as ______
a. a learning set c. a response cue b. a response set d. latent learning