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Katia doesn't seem to pay much attention to the context of communication. She has difficulty sizing up people, and she can't identify episodes very easily. Which kind of competence is being addressed here?
Equilibrium Point
A state in which market supply and demand balance each other, and as a result, prices become stable.
Endowment Effect
A psychological and behavioral economics phenomenon where individuals value an owned object higher than a similar object they do not own.
Item Value
The worth or usefulness of a specific good or service, often determined by factors like utility, demand, and rarity.
Ownership
The legal right or status of having control over something, typically property or goods.
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