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    Mathematics
  3. Study Set
    Game Theory in Business and Economics
  4. Exam
    Exam 13: Pure Strategies With Uncertain Payoffs
  5. Question
    Suppose That an Individual's Utility of Money Function Is U
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Suppose That an Individual's Utility of Money Function Is U

Question 13

Question 13

Multiple Choice

Suppose that an individual's utility of money function is U = 10M 0.5. This individual can best be described as risk:


A) Indifferent.
B) Averse.
C) Neutral.
D) Loving.
E) None of the above.

Correct Answer:

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