Amos Long's marginal utility of income function is given as: MU(I) = , where I represents income. From this you would say that he is:
A) risk averse.
B) risk loving.
C) risk neutral.
D) none of the above

Question

Amos Long's marginal utility of income function is given as: MU(I) =  , where I represents income. From this you would say that he is:
A) risk averse. 
B) risk loving. 
C) risk neutral. 
D) none of the above

Quizplus · Accepted Answer

The Answer of Amos Long's marginal utility of income function is given as: MU(I) =  , where I represents income. From this you would say that he is:
A) risk averse. 
B) risk loving. 
C) risk neutral. 
D) none of the above

Amos Long's Marginal Utility of Income Function Is Given As