This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For a risk-averse individual, marginal utility of income does not diminish. (Read 67 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
on: Apr 19, 2019

Question 1

If a game is a fair bet, then people will be willing to play the game regardless of the payoffs.


◦ true
◦ false

Question 2

For a risk-averse individual, marginal utility of income does not diminish.


◦ true
◦ false
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jjjetplane on Apr 19, 2019

orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


jjjetplane

  • Hero Member
  • *****
  • Posts: 556
Reply #2 on: Apr 19, 2019
Thanks


orangecrush

  • Sr. Member
  • ****
  • Posts: 350
Reply #3 on: Apr 19, 2019
Welcome :)


« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the Worldwide Variations in Population and Income Levels Developed countries represent only 18% of the
Describe the development of atherosclerosis, including its role in the risk of heart disease Describe the development of atherosclerosis, including its role in the risk of heart disease
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
How Health Interacts with Income How Health Interacts with Income
Relationship Between Income per Capita and Population Growth Relationship Between Income per Capita and Population Growth
Brain metabolism in a schizophrenic individual (left) and a normal individual (right). These scans o Brain metabolism in a schizophrenic individual (left) and a normal individual (right). These scans o
Video: Lipid absorption - end products & transport mechanism

For a complete list of videos, visit our video library