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futurepharm futurepharm
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5 years ago
Jill's utility from an additional dollar increases more when she has $400 than when she has $200. From this, we can conclude that Jill
A) has an increasing marginal utility of wealth.
B) has a decreasing marginal utility of wealth.
C) is risk neutral.
D) has a negative marginal utility of wealth.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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sumeetkhirwalsumeetkhirwal
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5 years ago
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futurepharm Author
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5 years ago
Thanks for your help!!
Lourd Jenkins
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Yesterday
this is exactly what I needed
jasonbourne
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2 hours ago
You make an excellent tutor!
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