​When the Utility Function for a Risk-Neutral Decision Maker Is

question 27

Multiple Choice

​When the utility function for a risk-neutral decision maker is graphed (with monetary value on the horizontal axis and utility on the vertical axis) , the function appears as

• A) ​a convex curve.
• B) ​a concave curve.
• C) ​an 'S' curve.
• D) ​a straight line.

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