Sharon framed the problem as a choice between two losses.What is she likely to do now?
A)Make a conservative decision
B)Ignore sunk costs
C)Make a risky decision
D)Ignore sample sizes
E)Ignore economic considerations

Question

Quizplus · Accepted Answer

When someone frames a problem as a choice between two losses, they are more likely to make a risky decision in an attempt to avoid or minimize those losses. This is known as loss aversion, where the fear of losses leads individuals to take greater risks.

Sharon Framed the Problem as a Choice Between Two Losses