If Joanna Is Risk Averse,then

question 80

Multiple Choice

If Joanna is risk averse,then

• A)her utility function exhibits the property of decreasing utility.
• B)her utility function exhibits the property of increasing marginal utility.
• C)she dislikes bad things more than she likes comparable good things.
• D)she is unlike most people,because most people are not risk averse.

---

Definitions:

Acute Anxiety

A sudden and intense feeling of fear, panic, or apprehension, often with physical symptoms such as rapid heartbeat and sweating.

Hypertension

A chronic medical condition in which the blood pressure in the arteries is persistently elevated.

Antipsychotic Drugs

Medications that are used to treat various symptoms of psychosis, including delusions and hallucinations.

Neuroleptics

A class of antipsychotic drugs used to treat psychiatric disorders, such as schizophrenia, by altering brain chemistry.