Building a nuclear generating facility in an urban area has such a high failure cost that many people are against these projects.

Which of the following best describes the Risk Aversion Principle?

ANSWER

Unselected

Take the action that produces the least harm or the least potential cost.

Unselected

Action that cannot be taken repeatedly is not right to take at all.

Unselected

Action is not right for everyone to take is not right for anyone.

Unselected

Put yourself into the place of others and think of yourself as the object of the decision.