Refer to the Data Provided in Table 17 -Refer to Table 17

question 27

Multiple Choice

Refer to the data provided in Table 17.4 below to answer the following question(s) . The table shows the relationship between income and utility for Celeste.
Table 17.4
$$\begin{array} { | c | c | } \hline { \text { Income } } & \text { Total Utility } \\\hline \$ 0 & 0 \\\hline \$ 40,000 & 50 \\\hline \$ 80,000 & 90 \\\hline \$ 120,000 & 120 \\\hline \$ 160,000 & 140 \\\hline\end{array}$$
-Refer to Table 17.4. From the table, we can see that Celeste is

• A) risk-averse.
• B) risk-loving.
• C) risk-neutral.
• D) We cannot determine Celeste's attitude toward risk from the table.

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