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Despite Changes in Alcohol-Related Laws and Rules,rates of Binge Drinking

question 33

True/False

Despite changes in alcohol-related laws and rules,rates of binge drinking and driving after drinking among college students have substantially increased in recent years.


Definitions:

Risk-averse

Describes an individual's preference for certainty or guaranteed outcomes over uncertainty or potential losses.

Marginal Utility

The additional satisfaction a consumer gains from consuming one more unit of a good or service.

Income

The money received, especially on a regular basis, for work or through investments.

Risk-averse

Describes individuals or entities that prefer to avoid risks and would opt for a sure thing over a gamble with a potentially higher payoff.

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