Question: What is the anchoring effect in decision - making? a . The tendency to make decisions based on an initial piece of information, even if

What is the "anchoring effect" in decision-making?
a. The tendency to make decisions based on an initial piece of information, even if it is irrelev
b. The tendency to compare options pairwise rather than ranking all available options.
c. The tendency to avoid making decisions when faced with uncertainty.
d. The tendency to choose the default option.
What is the "anchoring effect" in decision -

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