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    Exam 17: Uncertainty
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    A Risk-Preferring Person Is Willing to Pay
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A Risk-Preferring Person Is Willing to Pay

Question 23

Question 23

Multiple Choice

A risk-preferring person is willing to pay


A) a risk premium.
B) a fee to make a fair bet.
C) to obtain decreasing marginal utility.
D) None of the above.

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