Q
If people are risk averse, then ?
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A
A. None of these answers are true
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B
B. All of these answers are true
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C
C. They dislike bad things more than the like comparable good things
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D
D. The utility they would lose from losing a rs50 bet would exceed the utility they would gain from winning a rs 50 bet
Correct Answer:
B. B. All of these answers are true