Use the Following to Answer Questions

question 2

Multiple Choice

Use the following to answer questions:
-(Table: Income and Utility for Tyler) The table Income and Utility for Tyler shows the utility Tyler receives at various income levels, but she does not know what her income will be next year. There is a 40% chance her income will be $20,000, a 40% chance her income will be $30,000, and a 20% chance her income will be $40,000. We know that Tyler is risk-averse because:

• A) Tyler would prefer $40,000 but there is a risk she will make only $20,000.
• B) Tyler's expected income is less than what she may actually earn.
• C) Tyler's expected income is more than what she may actually earn.
• D) Tyler is subject to diminishing marginal utility from income.

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Definitions:

Black Women

Refers to women of African descent or who identify as Black, often discussed within the contexts of cultural, social, and political experiences.

Upward Mobility

The ability to move to a higher social or economic position.

Sexual Stereotyping

Generalized views or preconceptions about individuals or groups based on their sex, often leading to discriminatory practices.

Unusual Sexual Behaviors

Activities that deviate from societal norms or the typical sexual behavior engaged in by the majority.