Figure 14-4

question 159

Multiple Choice

Figure 14-4. The figure shows a utility function for Dexter.
-Refer to Figure 14-4. Suppose the vertical distance between the points (0, A) and (0, B) is 12. If his wealth increased from $1,300 to $1,800, then

• A)Dexter's subjective measure of his well-being would increase by less than 12 units.
• B)Dexter's subjective measure of his well-being would increase by more than 12 units.
• C)Dexter would change from being a risk-averse person into a person who is not risk averse.
• D)Dexter would forgo the insurance he bought when his wealth was $1,300.

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Definitions:

Gender Differences

The distinctions in characteristics and behaviors typically associated with being male or female, often influenced by social, cultural, and biological factors.

Sexuality

A complex part of human behavior and identity related to sexual orientation, attraction, and activities.

Sexual Interest

An individual's tendency or inclination towards experiencing sexual attraction or engaging in sexual activity.

Evolutionary Psychologist

A professional who studies the psychological adaptations of humans to the changing physical and social environment, particularly those that evolved to solve recurrent problems in human ancestral environments.