Business, 23.06.2020 23:01 barisege6030
If Joanna is risk averse, then:.
a. her utility function exhibits the property of decreasing utility.
b. her utility function exhibits the property of increasing marginal utility.
c. she dislikes bad things more than she likes comparable good things.
d. she is unlike most people, because most people are not risk averse
Answers: 2
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If Joanna is risk averse, then:.
a. her utility function exhibits the property of decreasing utilit...
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