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futurepharm futurepharm
wrote...
Posts: 264
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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:
Read 65 times
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Answer verified by a subject expert
sumeetkhirwalsumeetkhirwal
wrote...
Posts: 186
5 years ago
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futurepharm Author
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5 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
Thanks
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2 hours ago
Just got PERFECT on my quiz
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