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Among the Utility Curves,the Ones Having a Variable Slope of the Utility

Question 106

Multiple Choice

Among the utility curves,the ones having a variable slope of the utility versus the dollar amount is descriptive of:


A) one willing to spend increasing amounts of money initially followed by a leveling off for increasing dollar amounts.
B) One using the expected monetary value approach
C) One whose utility is to spend greater dollar amounts with increasing utility
D) both a and c

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