Mary and Bob Are Trying to Decide How Much Auto

question 54

Multiple Choice

Mary and Bob are trying to decide how much auto insurance to buy.They share the same expectations of an accident,with the same dollar loss.They also have the same income levels.However,Mary would rather buy very little insurance,while Bob would rather buy much more insurance.This suggests that:

• A)Bob is more risk-averse than is Mary.
• B)Mary is more risk-averse than is Bob.
• C)Bob is risk-averse and Mary is risk-loving.
• D)Mary is risk-averse and Bob is risk-loving.

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Definitions:

Brachial Artery

An artery that provides a palpable pulse and audible vascular sounds in the antecubital space (the bend of the elbow).

Stethoscope

A medical instrument used for listening to the internal sounds of an organism's body, typically used for assessing heart, lung, and other organ sounds.

Cone-Shaped

Cone-shaped refers to an object or figure that has a circular base and tapers uniformly to a point, resembling a cone.

Brachial Artery

A major blood vessel of the upper arm that supplies blood to the arm and hand, running from the shoulder down to the elbow.