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Diminishing Marginal Utility Causes an Investor to Refuse to Accept

Question 30

Multiple Choice

Diminishing marginal utility causes an investor to refuse to accept a fair bet because


A) the investor finds greater and greater satisfaction from each additional dollar earned.
B) the investors have a greater opportunity cost than most other investors.
C) the satisfaction of gaining a dollar is less than the dissatisfaction of losing a dollar.
D) the dissatisfaction of losing a dollar is less than the satisfaction of gaining a dollar.

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