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    Microeconomics Study Set 40
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    Exam 20: Uncertainty, Risk, and Private Information
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    Given Uncertainty, Individuals Attempt to Maximize Their
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Given Uncertainty, Individuals Attempt to Maximize Their

Question 26

Question 26

Multiple Choice

Given uncertainty, individuals attempt to maximize their:


A) household income.
B) expected utility.
C) risk aversion.
D) consumption.

Correct Answer:

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