A person with loss aversion:
A.is unwilling to spend money to buy insurance.
B.is likely to maximize total revenue rather than profit.
C.is unlikely to ignore sunk costs.
D.is more likely to use a credit card than to pay cash.

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The Answer of A person with loss aversion:
A.is unwilling to spend money to buy insurance.
B.is likely to maximize total revenue rather than profit.
C.is unlikely to ignore sunk costs.
D.is more likely to use a credit card than to pay cash.

A Person with Loss Aversion