Solved: Explain people are psychologically motivated, Microeconomics

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Explain people are psychologically motivated

Assignment:

Write a short paragraph on the following

Provide two unique examples of a behavioral economics situation in real life. It could be a "nudge" the illustration of "framing effects", "anchoring" etc. Make sure you explain why people are psychologically motivated in the particular way that you suggest.

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Microeconomics: Explain people are psychologically motivated

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