Multiple Choice
Use the following to answer questions:
Figure: Risk Aversion
-(Figure: Risk Aversion) Look at the figure Risk Aversion. Bob and Nancy have the same income and the same total utility. Nancy is _____ risk-averse than Bob because her marginal utility curve is _____ than Bob's.
A) more; flatter
B) more; steeper
C) less; flatter
D) less; steeper
Correct Answer:

Verified
Correct Answer:
Verified
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