Tamar Is Risk Averse

question 37

Multiple Choice

Tamar is risk averse.Which of the following is correct about Tamar?

• A) Her marginal utility of wealth increases as her income increases.
• B) She will always accept a bet if the probability of winning a dollar is the same as the probability of losing a dollar.
• C) Her utility function is a straight line.
• D) None of the above are correct.

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the absence of sound or the act of refraining from speaking, often carrying contextual meaning.

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