Which of the following statements is MOST correct? Being risk adverse means you will not choose to take additional risks A risk averse person is faced with these alternatives: (1) a gamble of 50-50 chance of losing $0 or $1,000, or (2) a definite loss of $500. She will never choose the gamble (option 1 ). A risk averse person has a diminishing marginal utility of income A gambler is a risk adverse person who enjoys risks with large payoffs