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    Exam 20: Uncertainty and Information
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    An Increase in Meta's Wealth from $3,000 to $6,000 Raises
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An Increase in Meta's Wealth from $3,000 to $6,000 Raises

Question 117

Question 117

Multiple Choice

An increase in Meta's wealth from $3,000 to $6,000 raises her utility from 80 units to 100 units. If she is risk averse, with a wealth of $9,000 her utility might be


A) 99 units.
B) 114 units.
C) 120 units.
D) 126 units.

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