Question: Question 3 ( 0 . 5 points ) Saved After receiving a gift, individuals are significantly less likely to exchange it for another gift of

Question 3(0.5 points)
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After receiving a gift, individuals are significantly less likely to exchange it for another gift of equal value. What trap is being demonstrated by this example?
Hoarding trap
Sunk cost trap
Status quo trap
Prudence trap
Question 3 ( 0 . 5 points ) Saved After receiving

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