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Considering the certainty effect, which of the following option is likely to be preferred? 0 A) You receive $6,000 with probability 70% and $0 with

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Considering the certainty effect, which of the following option is likely to be preferred? 0 A) You receive $6,000 with probability 70% and $0 with probability 30%. 3) You receive $4,000 with certainty. O C) You receive $8,000 with probability 50% and $0 with probability 50%. O D) More information is needed

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