Figure 27-3 The Following Figure Shows a Utility Function for Dexter

Multiple Choice

Figure 27-3
The following figure shows a utility function for Dexter.
-Refer to Figure 27-3. From the appearance of the graph, we know that

A) Dexter's level of satisfaction increases by more when his wealth increases from $1,001 to $1,002 than it does when his wealth increases from $1,000 to $1,001.
B) Dexter's level of satisfaction increases by less when his wealth increases from $1,001 to $1,002 than it does when his wealth increases from $1,000 to $1,001.
C) Dexter's level of satisfaction increases by the same amount when his wealth increases from $1,001 to $1,002 as it does when his wealth increases from $1,000 to $1,001.
D) the change in Dexter's level of satisfaction is constant as wealth increases.