Answered

Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

What concept in behavioral economics refers to people's tendency to prefer avoiding losses over acquiring equivalent gains?
A) Anchoring
B) Loss aversion
C) Overconfidence
D) Herd behavior

Sagot :

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.