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    Price Theory and Applications
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    Exam 18: Risk and Uncertainty
  5. Question
    A Risk-Averse Individual Always Prefers the Basket with the Highest
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A Risk-Averse Individual Always Prefers the Basket with the Highest

Question 50

Question 50

True/False

A risk-averse individual always prefers the basket with the highest standard deviation when choosing among baskets with the same expected value.

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