If prospect theory is correct,then would one expect household budgeting to have cost-reducing results (lower spending)to family expenditures,cost-increasing results (higher spending),or no results at all? Explain in terms of prospect theory.

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The Answer of If prospect theory is correct,then would one expect household budgeting to have cost-reducing results (lower spending)to family expenditures,cost-increasing results (higher spending),or no results at all? Explain in terms of prospect theory.

If Prospect Theory Is Correct,then Would One Expect Household Budgeting