If someone has a high willingness to take on situations with risk,they are considered:
A)risk-averse.
B)risk-seekers.
C)low-risk players.
D)high-compensation players.

Question

Quizplus · Accepted Answer

Risk-seeking individuals actively seek out situations with high levels of risk and uncertainty. These individuals are often motivated by the potential rewards that come with taking risks, such as financial gain or a sense of achievement. In contrast, risk-averse individuals tend to avoid situations with high levels of risk and uncertainty, as they are more concerned about the potential losses that could result from such situations. Low-risk players and high-compensation players do not accurately describe individuals' risk attitudes.

If Someone Has a High Willingness to Take on Situations