It is sometimes said that,"Those who gamble the most are the ones who can least afford to lose." These people gamble because
A)the EMV is positive.
B)the EMV is negative.
C)the gambler has no family to consider if he/she dies.
D)there is utility other than monetary to consider.
E)None of the above

Question

Quizplus · Accepted Answer

People who gamble despite not being able to afford losses often do so because they derive non-monetary utility, such as excitement or escape from reality, from gambling.

It Is Sometimes Said That,"Those Who Gamble the Most Are