Suppose You Are Offered the Following Two Prospects, A: (0

Multiple Choice

Suppose you are offered the following two prospects, a: (0, 1, 0: 3000, 2000, 1000) or b: (1/2, 1/4, 1/4: 3000, 2000, 1000) . You are risk averse if:

A) b is preferred to a.
B) you cannot rank the two prospects.
C) a is preferred to b.
D) you are indifferent between a and b.