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Figure 27-2

Question 66

Multiple Choice

Figure 27-2.The figure shows a utility function for Britney. Figure 27-2.The figure shows a utility function for Britney. -Refer to Figure 27-2.From the appearance of the utility function,we know that A) Britney is risk averse. B) Britney gains more satisfaction when her wealth increases by X dollars than she loses in satisfaction when her wealth decreases by X dollars. C) the property of increasing marginal utility applies to Britney. D) All of the above are correct.
-Refer to Figure 27-2.From the appearance of the utility function,we know that


A) Britney is risk averse.
B) Britney gains more satisfaction when her wealth increases by X dollars than she loses in satisfaction when her wealth decreases by X dollars.
C) the property of increasing marginal utility applies to Britney.
D) All of the above are correct.

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