Multiple Choice
The willingness to sacrifice some economic payoff to avoid a potential loss is:
A) irrational behaviour.
B) bounded rationality.
C) the result of a concern about fairness.
D) risk aversion.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q57: Use the following to answer question: <img
Q87: Use the following to answer question: <img
Q113: The implicit cost of capital is:<br>A)the explicit
Q116: The habit of mentally assigning dollars to
Q125: Money that must be paid for the
Q127: Ian is such a big Jays fan
Q135: Marginal analysis should be used in "either-or"
Q147: Werner installs custom sound systems in cars.If
Q161: If the marginal benefit received from consuming
Q167: Use the following to answer question: <img