In Constructing a Utility Curve

question 34

Multiple Choice

In constructing a utility curve,

• A)a comparison is made of the different amounts of money at different times.
• B)the certainty of a certain amount is compared with the willingness to gamble that amount on a larger amount.
• C)one takes the risk out of gambling.
• D)inflation plays a critical part in the evaluation.
• E)None of the above

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Audience Focus

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