A Manager Who Sets U($20,0000) = 20, U($40,000) = 40

Multiple Choice

A manager who sets U($20,0000) = 20, U($40,000) = 40, U($60,000) = 70 has a utility function that:

A) exhibits increasing marginal utility.
B) is decreasing.
C) is linear.
D) exhibits decreasing marginal utility.
E) is concave.