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    Microeconomics Theory with Applications
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    Exam 17: Choice Making Under Uncertainty
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    When Individuals Are Risk- Averse
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When Individuals Are Risk- Averse

Question 51

Question 51

Multiple Choice

When individuals are risk- averse:


A) they stay away from slot machines.
B) they avoid entering economic exchanges.
C) they never deal with risk- lovers.
D) they find ways to eliminate risk.

Correct Answer:

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