Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
-(Table: Utility for Terri and Mary) Look at the table Utility for Terri and Mary. Each has an income of $300. If each were offered insurance to offset the risk of falling income, _____ would pay a larger premium because she is the consumer with _____ risk aversion.

A) Terri; more
B) Terri; less
C) Mary; more
D) Mary; less