A Risk Taker

question 77

Multiple Choice

A risk taker

• A) takes many chances.
• B) will always try to increase his/her return by choosing a riskier alternative.
• C) will select an alternative with a low probability of success if the expected payout is higher.
• D) all of these.
• E) will always try to increase his/her return by choosing a riskier alternative and will select an alternative with a low probability of success if the expected payout is higher.

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Definitions:

Learned Characteristics

Traits or skills that are not innate but have been acquired through experience or instruction.

Pattern On Personality

Describes the distinctive and characteristic ways of thinking, feeling, and behaving that make up an individual's personality.

Nature And Nurture

A debate involving whether human behavior is determined by the environment, or by a person's genes.

Free Will

The power of acting without the constraint of necessity or fate; the ability to act at one's own discretion.