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Refer to the Data Provided in Table 17 -Refer to Table 17

Question 52

Multiple Choice

Refer to the data provided in Table 17.5 below to answer the following question(s) . The table shows the relationship between income and utility for Lucy.
Table 17.5
 Income  Total Utility $00$10,00010$20,00020$30,00030$40,00040\begin{array} { | c | c | } \hline \text { Income } & \text { Total Utility } \\\hline \$ 0 & 0 \\\hline \$ 10,000 & 10 \\\hline \$ 20,000 & 20 \\\hline \$ 30,000 & 30 \\\hline \$ 40,000 & 40 \\\hline\end{array}
-Refer to Table 17.5. From the table, we can see that Lucy is


A) risk-averse.
B) risk-loving.
C) risk-neutral.
D) We cannot determine Lucy's attitude toward risk from the table.

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