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Refer to Figure F

Question 15

Multiple Choice

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


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

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