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(Table: Utility for Terri and Mary) Terri and Mary Are

Question 171

Multiple Choice

(Table: Utility for Terri and Mary) Terri and Mary are two consumers, each having an income of $300.The table Utility for Terri and Mary shows the marginal utility that each consumer would receive at various levels above and below their income.Based upon this table, is More risk-averse because ________ has a drop in total utility if income were to fall By $100. A) Mary; Mary; larger B) Terri; Mary; larger C) Mary; Terri; smaller D) Terri; Terri; larger (Table: Utility for Terri and Mary) Terri and Mary are two consumers, each having an income of $300.The table Utility for Terri and Mary shows the marginal utility that each consumer would receive at various levels above and below their income.Based upon this table, is More risk-averse because ________ has a drop in total utility if income were to fall By $100. A) Mary; Mary; larger B) Terri; Mary; larger C) Mary; Terri; smaller D) Terri; Terri; larger (Table: Utility for Terri and Mary) Terri and Mary are two consumers, each having an income of $300.The table Utility for Terri and Mary shows the marginal utility that each consumer would receive at various levels above and below their income.Based upon this table, is
More risk-averse because ________ has a drop in total utility if income were to fall
By $100.


A) Mary; Mary; larger
B) Terri; Mary; larger
C) Mary; Terri; smaller
D) Terri; Terri; larger

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