The slope of the utility curves for a strongly risk averse investor, relative to the slope the utility curves for a less risk averse investor will a. be steeper b. be flatter c be vertical d. be horizontal e. be none of above

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter7: Uncertainty
Section: Chapter Questions
Problem 7.5P
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The slope of the utility curves for a strongly risk averse investor, relative to the slope the utility curves for a less risk averse investor will

a. be steeper

b. be flatter

c be vertical

d. be horizontal

e. be none of above

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