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You are given two choices: a: You receive $1,000.00 or b: You flip a coin. If it lands heads, you receive $2,00.00, but if it
You are given two choices: a: You receive $1,000.00 or b: You flip a coin. If it lands heads, you receive $2,00.00, but if it lands tails, you get nothing. If you strongly prefer A, you are:
a.
risk neutral
b.
risk seeking
c.
risk averse
d.
none of the above
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