Question

Myron wants to buy a new car and begins a car search. The first car that he likes is $30,000. The next car is $20,000. Myron starts thinking that the second car is very cheap and considers ending his search. What type of bias is myron demonstrating?.

Answer 1

Myron is demonstrating to buy a car in cheap price.

Step-by-step explanation:

For Myron, buying a cheap car would help him to save money which he could use in future for any other reason. This shows the value of saving.

Answer 2

Myron wants to buy a new car and begins a car search. The first car that he likes is $30,000. The next car is $20,000. Myron starts thinking that

the second car is very cheap and considers ending his search. What type of bias Is Myron demonstrating?

A. negativity bias

B.

confirmation bias

C.

blind-spot bias

D.

anchoring bias

Step-by-step explanation: