[Solved] Which of the following is not a characteristic of a risk averter?

Q.	Which of the following is not a characteristic of a risk averter?
A.	A risk averter will not buy lottery tickets because the expected payoffs are less than the cost of the tickets.
B.	A risk averter will be ready to pay a higher price for an asset whose variance increases.
C.	A risk averter always prefers a certain investment over an uncertain investment if the expected returns on the two investments are identical.
D.	To be induced to take risk, a risk averter must be offered a risk premium.
Answer» B. A risk averter will be ready to pay a higher price for an asset whose variance increases.

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