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    Exam 9: Decision Making by Individuals and Firms
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    A Person Who Is Risk Averse
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A Person Who Is Risk Averse

Question 179

Question 179

Essay

A person who is risk averse:
A.always makes irrational decisions.
B.always makes rational decisions.
C.is willing to pay in order to avoid economic loss.
D.enjoys taking risks.

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is willing to pay in...

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