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​When the Utility Function for a Risk-Neutral Decision Maker Is

Question 27

Multiple Choice

​When the utility function for a risk-neutral decision maker is graphed (with monetary value on the horizontal axis and utility on the vertical axis) , the function appears as


A) ​a convex curve.
B) ​a concave curve.
C) ​an 'S' curve.
D) ​a straight line.

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