Multiple Choice
Jill's utility from an additional dollar increases more when she has $400 than when she has $200.From this,we can conclude that Jill
A) has an increasing marginal utility of wealth.
B) has a decreasing marginal utility of wealth.
C) is risk neutral.
D) has a negative marginal utility of wealth.
Correct Answer:
Verified
Correct Answer:
Verified
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