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

question 52

Multiple Choice

Refer to the data provided in Table 17.5 below to answer the following question(s) . The table shows the relationship between income and utility for Lucy.
Table 17.5
$$\begin{array} { | c | c | } \hline \text { Income } & \text { Total Utility } \\\hline \$ 0 & 0 \\\hline \$ 10,000 & 10 \\\hline \$ 20,000 & 20 \\\hline \$ 30,000 & 30 \\\hline \$ 40,000 & 40 \\\hline\end{array}$$
-Refer to Table 17.5. From the table, we can see that Lucy is

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

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Definitions:

Tidal Barrier

A structure built at the mouth of a river or in a tidal area, aimed at protecting low-lying areas from flooding due to high tides or storm surges.

Hydroelectric Power

Energy produced from the movement of water, often by using dams to generate electricity from water flowing downhill.

Gold Deposits

Concentrations of gold found within the Earth's crust, often mined for economic purposes.

Stream Gravels

Loose, water-worn rocks found in or near the bed of a stream.