Multiple Choice
Use the following to answer question:
Figure: Risk Aversion
-(Figure: Risk Aversion) Use Figure: Risk Aversion.Bob and Nancy have the same income and the same total utility.Nancy is _____ risk-averse than is Bob because her marginal utility curve is _____ than Bob's.
A) more;flatter
B) more;steeper
C) less;flatter
D) less;steeper
Correct Answer:

Verified
Correct Answer:
Verified
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