Refer to Figure f.A benefit function is plotted in Figure f.The letter D represents the:
A) risk premium of the consumption bundle.
B) expected utility of the consumption bundle.
C) certainty equivalent of the consumption bundle.
D) expected consumption.

Question

Refer to Figure f.A benefit function is plotted in Figure f.The letter D represents the: 
A) risk premium of the consumption bundle. 
B) expected utility of the consumption bundle. 
C) certainty equivalent of the consumption bundle. 
D) expected consumption.

Quizplus · Accepted Answer

The Answer of Refer to Figure f.A benefit function is plotted in Figure f.The letter D represents the: 
A) risk premium of the consumption bundle. 
B) expected utility of the consumption bundle. 
C) certainty equivalent of the consumption bundle. 
D) expected consumption.

Refer to Figure F