People Generally Fear Risking Something They Already Have ($1,000

question 149

Multiple Choice

People generally fear risking something they already have ($1,000.) over the prospect of gaining something they don't have ($4,000.) . This tendency is reflected in:

• A) the risky-shift phenomenon
• B) loss-framed messages
• C) the scarcity principle
• D) the epistemological weighting hypothesis

---

Definitions:

Capitalists

Individuals or entities that own capital, invest in businesses, and seek to generate profit from their investments.

Profits

The financial gains obtained when the revenues generated from a business activity exceed the expenses, costs, and taxes involved in sustaining the activity.

Control

The power to influence or direct people's behavior or the course of events.

Part-Time Workers

Employees who work fewer hours than a full-time schedule, typically by choice or due to the nature of the job, often resulting in reduced benefits and pay.