Examlex
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.
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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