If Shaniq Is a Risk Averse, Then

question 40

Multiple Choice

If Shaniq is a risk averse, then

• A) her cost of risk exceeds $0.
• B) she has diminishing marginal utility of wealth.
• C) she is willing to buy insurance if the cost of insurance is low enough.
• D) all of the above.

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Definitions:

ICD-9-CM

The International Classification of Diseases, Ninth Revision, Clinical Modification; a system used in the United States for coding and classifying mortality and morbidity data until its replacement by ICD-10-CM.

ICD-10-CM

The International Classification of Diseases, Tenth Revision, Clinical Modification; a coding system used to classify and code all diagnoses, symptoms, and procedures.

Total Of 3-5 Characters

A count or limit specifying that only between three to five characters are considered or required.

ICD-9-CM

International Classification of Diseases, Ninth Revision, Clinical Modification; a system used in the United States for classifying diagnoses and procedures associated with hospital utilization.