When measuring satisfaction on a 20 point scale, an individual receives $500 and registers a satisfaction rating of 3. An additional $500 rates a 7 in satisfaction and yet another $500, increases the individual's satisfaction rating to 12. A reduction in wealth of $1000 would bring about a dissatisfaction rating of 5. It could be concluded that the individual is
A) Risk-seeking
B) Risk-avoiding
C) Risk-adverse
D) Risk neutral
E) Risk-attracting
Correct Answer:
Verified
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