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For a Risk-Averse Individual,with Return on the X-Axis and Total

Question 24

Multiple Choice

For a risk-averse individual,with return on the X-axis and total utility on the Y-axis,the slope of the total utility curve:


A) increases at an increasing rate.
B) has a constant slope.
C) increases at a decreasing rate.
D) is always negative.

Correct Answer:

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