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    Microeconomics Study Set 23
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    Exam 5: Uncertainty and Consumer Behavior
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    Figure 5.2.1 -Refer to Figure 5.2.1 Above. Which of the Two Figures
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Figure 5.2.1 -Refer to Figure 5.2.1 Above. Which of the Two Figures

Question 1

Question 1

Multiple Choice

  Figure 5.2.1 -Refer to Figure 5.2.1 above. Which of the two figures describes a risk averse individual? A)  The figure in panel (a)  B)  The figure in panel (b)  C)  Both figures D)  Neither figure Figure 5.2.1
-Refer to Figure 5.2.1 above. Which of the two figures describes a risk averse individual?


A) The figure in panel (a)
B) The figure in panel (b)
C) Both figures
D) Neither figure

Correct Answer:

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