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Refer to Figure F

Question 50

Multiple Choice

Refer to Figure f.A benefit function,W(F) ,is plotted in Figure f.The letter A represents: Refer to Figure f.A benefit function,W(F) ,is plotted in Figure f.The letter A represents:   A)  the risk premium of the consumption bundle. B)  the expected utility of the consumption bundle. C)  the certainty equivalent of the consumption bundle. D)  the expected consumption.


A) the risk premium of the consumption bundle.
B) the expected utility of the consumption bundle.
C) the certainty equivalent of the consumption bundle.
D) the expected consumption.

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