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    If a Utility Function Is Concave,a Decision Maker Will ________
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If a Utility Function Is Concave,a Decision Maker Will ________

Question 3

Question 3

Multiple Choice

If a utility function is concave,a decision maker will ________.


A) always choose a risky gamble
B) always choose a sure thing
C) always make a decision in uncertainty or ignorance
D) choose a prospect whose expected value is identical to a sure thing

Correct Answer:

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