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.

Question

Quizplus · Accepted Answer

Enjoyment of gambling does not necessarily indicate a lack of understanding or a willingness to disproportionately risk money. It simply means the person finds the activity entertaining. Therefore, the person may continue to gamble even if the game is unfair. However, the choice to purchase automobile insurance is unrelated to gambling enjoyment.

If a Person Is Entertained by Gambling,then