If a person is entertained by gambling, then
A) she is not risk averse.
B) she does not understand the concept of a fair game.
C) she may gamble even if it is an unfair game.
D) she will definitely not buy automobile insurance.
C
Economics
You might also like to view...
The determination of which goods are public goods depends on: a. public laws
b. normative considerations. c. whether it is produced directly by the government or produced by a private sector firm. d. whether it is possible to exclude additional users from consuming the good if they do not pay for it.
Economics
Introducing a tariff on vitamin E would: a. reduce imports of vitamin E
b. increase U.S. consumption of domestically produced vitamin E. c. decrease total U.S. consumption of vitamin E. d. all of the above.
Economics