Question: QUESTION 3 True or False? No explanation needed. If a person is offered a certain amount of $2500 or a gamble with an expected outcome

QUESTION 3

True or False? No explanation needed. "If a person is offered a certain amount of $2500 or a gamble with an expected outcome of $2500, both a risk averse and risk neutral person would definitely (i.e. strictly) prefer the certain amount."

A)True

B)False

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