Explain the psychological bias that causes peoples decision, Microeconomics

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Explain the psychological bias that causes peoples decision

Problem

Explain the psychological bias that causes people's decisions to be affected by default rules or the endowment effect.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Explain the psychological bias that causes peoples decision

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Microeconomics: Explain the psychological bias that causes peoples decision

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