The loss-aversion bias describes individuals' tendencies to____________.
A) take the sure thing and avoid the risky outcome
B) take a risk, no matter what the chance
C) prefer sure loss over risk of loss
D) prefer risk of loss over sure loss

Question

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The Answer of The loss-aversion bias describes individuals' tendencies to____________.
A) take the sure thing and avoid the risky outcome
B) take a risk, no matter what the chance
C) prefer sure loss over risk of loss
D) prefer risk of loss over sure loss

The Loss-Aversion Bias Describes Individuals' Tendencies To____________