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Question from my sample quiz: How would most individuals treat a sure loss of $500 versus a sure gain of $500?
Question from my sample quiz:
How would most individuals treat a sure loss of $500 versus a sure gain of $500?
A. They would be unable to conceive of either option
B. They would put more weight on the possible gain than on the possible loss
C. They would put more weight on the possible loss than on the possible gain
D. No evidence exists on this matter E. They would give equivalent weights to both possibilities