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Use the Kahneman-Tversky asymmetric value function to show graphically why many people prefer to put a month's worth of expenditures on a credit card rather
Use the Kahneman-Tversky asymmetric value function to show graphically why many people prefer to put a month's worth of expenditures on a credit card rather than pay for purchases one at a time. Assume free credit for a month is NOT the reason. Carefully label and briefly explain your graph
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