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Angela buys a $ 2 0 lottery ticket with a 1 % chance of winning $ 1 , 0 0 0 and a 9 9
Angela buys a $ lottery ticket with a chance of winning $ and a chance of winning zero. Based on this, what can we infer about Angela's risk preference? Group of answer choices Angela is risk loving. Angela is risk neutral. Angela is risk averse. We cannot infer Angela's risk preferences from the information given.
Angela buys a $ lottery ticket with a chance of winning $ and a chance of winning zero. Based on this, what can we infer about Angela's risk preference?
Group of answer choices
Angela is risk loving.
Angela is risk neutral.
Angela is risk averse.
We cannot infer Angela's risk preferences from the information given.
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