Multiple Choice
Figure 27-2.The figure shows a utility function for Britney. 
-Refer to Figure 27-2.Suppose the vertical distance between the points (0,A) and (0,B) is 5.If her wealth increased from $1,050 to $1,350,then
A) Britney's subjective measure of her well-being would increase by less than 5 units.
B) Britney's subjective measure of her well-being would increase by more than 5 units.
C) Britney would change from being a risk-averse person into a person who is not risk averse.
D) Britney would change from being a person who is not risk averse into a risk-averse person.
Correct Answer:
Verified
Correct Answer:
Verified
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