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    Exam 9: Decision Making by Individuals and Firms
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    The Willingness to Sacrifice Some Economic Payoff to Avoid a Potential
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The Willingness to Sacrifice Some Economic Payoff to Avoid a Potential

Question 130

Question 130

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.

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