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

question 39

Multiple Choice

Refer to the data provided in Table 17.1 below to answer the following question(s) . The table shows the relationship between income and utility for Jane.
Table 17.1
$$\begin{array} { | r | c | } \hline \text { Income } & \text { Total Utility } \\\hline \$ 0 & 0 \\\hline \$ 20,000 & 25 \\\hline \$ 40,000 & 45 \\\hline \$ 60,000 & 60 \\\hline \$ 80,000 & 70 \\\hline\end{array}$$
-Refer to Table 17.1. From the table, we can see that Jane is

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

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Definitions:

Suffer

To experience or undergo pain, distress, or hardship, which can be physical, emotional, financial, or of any other nature.

Survival of Species

The continued existence of a species through reproduction and adaptation to environmental changes, ensuring it does not become extinct.

Lee

A common surname that can have different origins, including English, Chinese, and Korean, often denoting a family lineage or heritage.

Styles of Loving

Different manners or ways individuals express and experience love, influenced by personal, cultural, and social factors.