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A reference point in the theory of behavioral economics focuses on A . a tendency for individuals to behave in a manner such that the

A reference point in the theory of behavioral economics focuses on
A. a tendency for individuals to behave in a manner such that the possible gains from an activity cancel out with the possible losses.
B. behavior that does not take into account gains against possible losses.
C. a tendency for individuals to prefer avoiding losses over acquiring gains.
D. the preference of individuals toward risk rather than risk aversion.
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