Those who are _____ have a higher tolerance for risk, and their satisfaction increases when more payoff is at stake.
A) risk-seeking
B) risk-averse
C) risk-neutral
D) risk-indifferent

Question

Quizplus · Accepted Answer

Those who are risk-seeking have a higher tolerance for risk, and their satisfaction increases when more payoff is at stake. A risk-seeking person prefers outcomes that are more uncertain and is often willing to pay a penalty to take risks.

Those Who Are _____ Have a Higher Tolerance for Risk