Look at the Utility Function Graphed Below and Select the Type

question 116

Multiple Choice

Look at the utility function graphed below and select the type of decision-maker that corresponds to the graph.

• A)Risk averter
• B)Risk neutral
• C)Risk taker
• D)Risk player

---

Definitions:

Air Pollution

The presence of harmful or excessive quantities of substances in the air that pose risks to human health and the environment.

Octane Enhancer

A chemical additive used in fuel to increase its octane rating, thereby improving engine performance and efficiency.

Lead

A chemical element with the symbol Pb and atomic number 82, known for its use in batteries, bullets, and as a protective shielding against radiation.

Refuse Act

A federal law aimed at protecting navigable waters in the United States by prohibiting the discharge of refuse into these waters without a permit.