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Mr. Smarts utility curve is shaped such that for an equal dollar gain or loss, his happiness lost exceeds his happiness gained. How can we
Mr. Smarts utility curve is shaped such that for an equal dollar gain or loss, his happiness lost exceeds his happiness gained. How can we describe Mr. Smart?
a. | As risk averse | |
b. | As risk losing | |
c. | As risk diversifying | |
d. | As risk loving | |
e. | As risk neutral |
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