Barb and Ken purchased a house for $300,000 in 2005. When they needed to sell because of a job transfer in 2009, the house was appraised for $250,000 but they put it on the market for $300,000 anyway. The house is still on the market. Behavioral tendencies at work here may include:

A. representativeness and narrow framing. B. loss aversion and anchoring. C. familiarity bias and self attribution bias. D. overconfidence and representativeness.

B

Explanation:

On the basis of their actions in selling their house at $300,000 despite being use for years , their behavioral tendencies at work include loss aversion and anchoring.

Loss aversion is a psychology and decision taking theory where people try as much as possible to avoid making losses but make equivalent gain.

Anchoring is defined as a cognitive bias where the human being rely on an existing information as reference for decision making.

The answer is B. loss aversion and anchoring

Explanation:

Loss aversion is a theory that refers to the tendency of people to prefer avoiding losses in order to acquire equivalent gains. For instance, when someone prefers gaining $100 over losing $100. The reason behind this is because the pain of losing is twice as much as the pleasure of gaining.

Anchoring is the phenomenon of using an event or something as a point of reference when a comparison is being done.

From the scenario given above, we see that Barb and Ken are averse to losing $50,000 on the house they bought for $300,000. The point of reference for this comparison will be the $300,000 they paid for the house initially.

the toy store

explanation:

cuz he cant afford a real one

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.