Figure 9-4

question 58

Multiple Choice

Figure 9-4. The figure shows a utility function for Dexter.

-Refer to Figure 9-4. From the appearance of the graph, we know that

• A) Dexter's level of satisfaction increases by more when his wealth increases from $1,001 to $1,002 than it does when his wealth increases from $1,000 to $1,001.
• B) Dexter's level of satisfaction increases by less when his wealth increases from $1,001 to $1,002 than it does when his wealth increases from $1,000 to $1,001.
• C) Dexter's level of satisfaction increases by the same amount when his wealth increases from $1,001 to $1,002 as it does when his wealth increases from $1,000 to $1,001.
• D) None of the above answers can be inferred from the appearance of the utility function.

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Definitions:

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A virus that attacks the immune system, leading to AIDS if not treated, and is transmitted through certain body fluids like blood and semen.

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