If in your lifetime utility function, then:
A) your utility function displays increasing marginal returns.
B) you are risk averse.
C) you prefer utilities received today relative to the future.
D) you prefer utilities received in the future relative to today.
E) Not enough information is given.

Question

If  in your lifetime utility function, then:
A) your utility function displays increasing marginal returns. 
B) you are risk averse. 
C) you prefer utilities received today relative to the future. 
D) you prefer utilities received in the future relative to today. 
E) Not enough information is given.

Quizplus · Accepted Answer

The Answer of If  in your lifetime utility function, then:
A) your utility function displays increasing marginal returns. 
B) you are risk averse. 
C) you prefer utilities received today relative to the future. 
D) you prefer utilities received in the future relative to today. 
E) Not enough information is given.

If in Your Lifetime Utility Function, Then