A Decision Maker Can Be Described with Utility That Is

question 60

Multiple Choice

A decision maker can be described with utility that is only a function of income. If this function is linear, the decision maker is:

• A)risk-averse.
• B)risk-neutral.
• C)risk-loving.
• D)risk-gaining.

---

Definitions:

Chymotrypsin

Proteolytic enzyme formed in the small intestine from the pancreatic precursor chymotrypsinogen.

Ribonuclease

Enzyme that splits RNA into its component nucleotides.

Defecation Reflex

Combination of local and central nervous system reflexes initiated by distension of the rectum and resulting in the movement of feces out of the lower colon.

Gastrocolic Reflexes

Reflexes that mediate the increase in motility of the colon in response to food entering the stomach.