Use the following to answer question:
-(Table: Utility for Terri and Mary) Use Table: Utility for Terri and Mary.Each has an income of $300._____ is more risk-averse because _____ has a _____ drop in total utility if income were to fall by $100.
A) Mary;Mary;larger
B) Terri;Mary;larger
C) Mary;Terri;smaller
D) Terri;Terri;larger
Correct Answer:
Verified
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