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A risk-averse individual has: Question 11 options: A) a constant marginal utility of income, but a diminishing marginal utility of risk. B) a diminishing marginal

A risk-averse individual has: Question 11 options: A) a constant marginal utility of income, but a diminishing marginal utility of risk. B) a diminishing marginal utility of income. C) an increasing marginal utility of income. D) an increasing marginal utility of risk. E) a diminishing marginal utility of risk

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