If people are risk averse, then ?
A. All of these answers are true

B. None of these answers are true

C. The utility they would lose from losing a Rs50 bet would exceed the utility they would gain from winning a Rs 50 bet

D. ir utility function exhibit the property of diminishing marginal utility of wealth

E. They dislike bad things more than the like comparable good things

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.