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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
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.
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