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Risk-averse individuals: A. prefer certain outcomes over uncertain outcomes. B. prefer uncertain outcomes over certain outcomes. C. are indifferent to certain and uncertain outcomes. D.

Risk-averse individuals:

A. prefer certain outcomes over uncertain outcomes.
B. prefer uncertain outcomes over certain outcomes.
C. are indifferent to certain and uncertain outcomes.
D. have the same utility for risk as those who are not risk-averse.

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