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    Microeconomics Study Set 11
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    Exam 11: Choices Involving Risk
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    Suppose Brandon's Benefit Function for Water Is S(W)= W<sup>2</sup>
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Suppose Brandon's Benefit Function for Water Is S(W)= W2

Question 53

Question 53

Multiple Choice

Suppose Brandon's benefit function for water is S(W) = W2.Brandon is:


A) risk averse.
B) risk neutral.
C) risk loving.
D) There is not enough information to answer this question.

Correct Answer:

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