Money & Bank MCQ
MB Chapter 7
______ occurs when people are more unhappy when they suffer losses than they are happy when they achieve gains.
______ occurs when people are more unhappy when they suffer losses than they are happy when they achieve gains.
______ occurs when people are more unhappy when they suffer losses than they are happy when they achieve gains.
A) Loss fundamentals
B) Loss aversion
C) Loss leader
D) Loss cycle
Answer: B
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