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    Managerial Economics Study Set 1
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    Exam 17: The Problem of Adverse Selection
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    ​A Risk Neutral Individual
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​A Risk Neutral Individual

Question 33

Question 33

Multiple Choice

​A risk neutral individual


A) ​Values a lottery at more than its expected value
B) Values a lottery at less than its expected value
C) Values a lottery at its expected level
D) ​Tends to play a lot of lotteries

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