Figure 19-1.The Figure Shows a Utility Function

question 18

Multiple Choice

Figure 19-1.The figure shows a utility function.
-Refer to Figure 19-1.For the person to whom this utility function applies,

• A) the more wealth she has,the less utility she gets from an additional dollar of wealth.
• B) the more wealth she has,the more utility she gets from an additional dollar of wealth.
• C) her level of satisfaction will be enhanced more by an increase in wealth from $600 to $800 than it would be by an increase in wealth from $400 to $600.
• D) her level of satisfaction will be enhanced equally by an increase in wealth from $600 to $800 or by an increase in wealth from $400 to $600.

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