buy for less money and sell for more money
Answer: A. They were caught in the logic of the prisoner's dilemma in which each player maximizing his own self-interest leads to an outcome that is worse off for everyone.
Explanation:
What the Honest Tea company’s employees are showcasing is a form of resistance to change. Resistance to change is a form of behavior that individuals and groups exhibit when they feel that a change that occur is threatening to them. This is displayed by the employees through their hostile comments regarding Coca Cola’s decision to purchase Honest Tea.
Thus, the best way for Seth Goldman to overcome this would be by showing visible support for the change, explaining how it would help Honest Tea serve its customers.
Answer:
The correct answer is letter "A": Individuals tend to gamble more with their money when the future is uncertain.
Explanation:
Risk aversion in Finance describes an investor who is just willing to accept a small level of risk on his investments. A risk-averse investor likes less risk and is prepared to accept fewer returns because of his choice. In a few words, risk aversion represents the likelihood investors prefer to secure their investments instead of risking more expecting higher returns.
Thus, <em>individuals gambling more when the future is uncertain reflects an opposite scenario to risk aversion.</em>