What is loss aversion? Group of answer choices The tendency to focus more on the loss than the gain. The tendency of an individual to invest all of their resources to avoid losing. The ability of humans to exercise complete self control in high stakes situations to avoid losing. The temptation company’s face to invest in questionable techniques to avoid losing money.
What is loss aversion? Group of answer choices The tendency to focus more on the loss than the gain. The tendency of an individual to invest all of their resources to avoid losing. The ability of humans to exercise complete self control in high stakes situations to avoid losing. The temptation company’s face to invest in questionable techniques to avoid losing money.
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter8: Business Organizations
Section: Chapter Questions
Problem 2AA
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Question
What is loss aversion?
Group of answer choices
The tendency to focus more on the loss than the gain.
The tendency of an individual to invest all of their resources to avoid losing.
The ability of humans to exercise complete self control in high stakes situations to avoid losing.
The temptation company’s face to invest in questionable techniques to avoid losing money.
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