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Suppose a person lost $12 and won $17 in the same day. What will be the net loss perceived by the person, according to behavioral
Suppose a person lost $12 and won $17 in the same day. What will be the net loss perceived by the person, according to behavioral economics? Assume that a $1 loss pains us 2.25times more than a $1 gain helps. Enter your answer as a positive number in the box below and round to two decimal places if necessary.
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