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    Exam 9: Decision Making
  5. Question
    The Human Tendency to Judge Options According to the Size
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The Human Tendency to Judge Options According to the Size

Question 2

Question 2

Multiple Choice

The human tendency to judge options according to the size of previous investments rather than the size of the expected return is called:


A) economic loss.
B) the sunk-cost fallacy.
C) groupthink.
D) a framing error.

Correct Answer:

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