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Mairoon Mairoon
wrote...
Posts: 850
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6 years ago
John derives more utility from having $1,000 than from having $100. From this, we can conclude that John
A) is risk averse.
B) is risk loving.
C) is risk neutral.
D) has a positive marginal utility of wealth.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 72 times
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Replies
wrote...
6 years ago
D
Mairoon Author
wrote...
5 years ago
Thanks. This is just start. Wink Face
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