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Tim has decided on a budget of no more than $20 to spend at the casino. After the first few rounds at the slot machines,

Tim has decided on a budget of no more than $20 to spend at the casino. After the first few rounds at the slot machines, he wins $100. Now, he decides to use all his winnings to continue playing. Select the correct answer below: For Tim dollars are fungible. O This is an example of mental accounting. This shows that Tim is loss averse. all of the above

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