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True or false. Consider the utility function U(x) = min( x 2 ,x) where x is in millions of dolllars. This investors risk-seeking behavior turns

True or false. Consider the utility function U(x) = min( image text in transcribed x²,x) where x is in millions of dolllars. This investors risk-seeking behavior turns into risk-aversion behavior when their wealth hits $16 million.

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