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Business, 05.12.2019 00:31 mickecia1

Diminishing marginal utility of wealth implies that the utility function. group of answer choices

a. has increasing slope and a person is risk averse.

b. has increasing slope and a person is not risk averse.

c. has decreasing slope and a person is risk averse.

d. has decreasing slope and a person is not risk averse.

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