When making decisions that require tradeoffs, MOST people show a tendency to give more weight to ____.
A)possible losses than to possible gains
B)possible gains than to possible losses
C)possible losses than to certain gains
D)probable outcomes rather than certain outcomes

Question

Quizplus · Accepted Answer

This is due to a psychological phenomenon known as loss aversion, where the pain of losing is psychologically about twice as powerful as the pleasure of gaining.

When Making Decisions That Require Tradeoffs, MOST People Show a Tendency