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Regardless of place in the world,which of the following is true of racial minorities who attend therapy compared to members of majority groups?
Opportunity Cost
The missed opportunity for profit from different options when a specific choice is made.
Resources
Assets, materials, and inputs used to produce goods and services, including land, labor, capital, and entrepreneurship.
Mental Accounting
A concept in behavioral economics where individuals categorize and treat money differently depending on its origin, intended use, or other subjective criteria, affecting spending and investment decisions.
Loss Aversion
A cognitive bias reflecting the tendency for people to prefer avoiding losses to acquiring equivalent gains, suggesting that losses are perceived as more severe than gains.
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