Taking actions that reduce risk
A)raises your expected value.
B)makes you less risk-averse.
C)is impractical in most circumstances.
D)changes your utility function.

Name: Taking actions that reduce risk A)raises your expected value. B)makes you less risk-averse. C)is impractical in most circumstances. D)changes your utility function.
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Question

Quizplus · Accepted Answer

By reducing risk, you are increasing the likelihood of a positive outcome, thus increasing your expected value.

Taking Actions That Reduce Risk