When people are considered risk averse, they:
A)generally have a low willingness to take on risk.
B)generally have a high willingness to take on risk.
C)will only participate in low-risk activities.
D)will never accept risk in any situation.

Question

Quizplus · Accepted Answer

Risk-averse individuals typically exhibit a low willingness to take on risk, preferring safer options over riskier ones.

When People Are Considered Risk Averse, They