CUET-PG SERIES Economics
Risk Preference
1 previous year questions.
Volume: 1 Ques
Yield: Medium
High-Yield Trend
1
2024 Chapter Questions 1 MCQs
01
PYQ 2024
medium
economics ID: cuet-pg-
If a consumer definitely prefers a payment of INR 50 for sure to a lottery which promises rewards of INR 100 or INR 0 with probabilities of 1/2 each, then we can say that the consumer is:
1
Risk lover
2
Risk averse
3
Risk neutral
4
Satisficer