With regard to decision making,most individuals are __________________.
A) risk averse
B) risk seekers
C) risk maximizers
D) EMV maximizers
E) None of these options

Question

Quizplus · Accepted Answer

Research has shown that most individuals tend to be risk averse, which means they prefer to avoid taking risks and making decisions that could potentially result in negative outcomes. This is because the potential losses associated with a risky decision tend to loom larger in people's minds than the potential gains, leading them to be more cautious in their decision making.

With Regard to Decision Making,most Individuals Are __________________