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4. For a utility function of the type U(W) = WW7, with 1' 4. For a utility function of the type U (W) = W'

4. For a utility function of the type U(W) = WW7, with 1'

4. For a utility function of the type U (W) = W' [I, with Q' < 1, (a) (b) (c) (d) a person's relative risk aversion is always constant. a person's absolute risk aversion increases in his or her wealth. a person's relative risk aversion decreases in his or her wealth. a person's absolute risk aversion is always constant.

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