Multiple Choice
Suppose you would have to pay Alicia at least $150 to get her to part with a ticket she just bought to see her favorite band play next Friday. Loss aversion implies that if Alicia had not yet bought the ticket, she would:
A) be willing to pay more than $150 for it.
B) be willing to pay less than $150 for it.
C) be willing to pay exactly $150 for it.
D) no longer be interested in purchasing it.
Correct Answer:
Verified
Correct Answer:
Verified
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