In utility analysis, a utility curve that shows a rapid increase in utility for initial amounts of money followed by a gradual leveling off for a larger amount of money is appropriate for a risk ________ decision maker.
A) -seeking
B) -averse
C) -neutral
D) None of the other choices is correct.

Question

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In utility analysis, a utility curve that shows a rapid increase in utility for initial amounts of money followed by a gradual leveling off for a larger amount of money is appropriate for a risk-averse decision maker.

In Utility Analysis, a Utility Curve That Shows a Rapid