"Hello, this question is incomplete. The correct question would be:
Emma, a 20-year-old college student, wants to start jogging every morning. However, she realizes that this would mean getting up early instead of sleeping in, which she enjoys immensely. In the context of this loss aversion, which of the following is Emma most likely to do?
a. She will prefer to sleep and avoid jogging.
b. She will start cycling rather than jogging.
c. She will find a jogging partner
d. She will buy a pair of jogging shoes."
Answer:
a. She will prefer to sleep and avoid jogging.
Explanation:
When we want to start a physical activity it is difficult to be able to give up some habitations that we already had, especially when the habit involves a moment of relaxation and rest. An example of this can be seen in the question above. That's because Emma likes to sleep a lot, she wants to start running, but it will result in less sleep because she will have to wake up early. It will be very difficult for Emma to decide to sleep less to run, because sleep is a relaxing time for her, while running will make her tired. Emma is more likely to give up running and continue to sleep.
