For a Risk-Averse Individual,with Return on the X-Axis and Total

question 24

Multiple Choice

For a risk-averse individual,with return on the X-axis and total utility on the Y-axis,the slope of the total utility curve:

• A)increases at an increasing rate.
• B)has a constant slope.
• C)increases at a decreasing rate.
• D)is always negative.

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