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Suppose that a person's utility function for total wealth is U(A) = 200*Afor 0 < A < 100 What is this person's risk preference? Question
Suppose that a person's utility function for total wealth is
U(A) = 200*Afor 0 < A < 100
What is this person's risk preference?
Question 1 options:
Risk Neutral
Risk Averse
Risk Seeking
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Schaums Easy Outline College Algebra
Authors: Murray Spiegel ,Robert Moyer
1st Edition
0070527091, 978-0070527096
