Question: You have a choice between taking two jobs. The first job pays $50,000 annually. The second job has a base pay of $40,000 with a

You have a choice between taking two jobs. The first job pays $50,000 annually. The second job has a base pay of $40,000 with a $30% chance that you will receive an annual bonus of $25,000. You decide to take the $40,000 job. On the bases of this decision, can we tell if you are risk averse or risk taker. Explain your response.

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