For a risk-loving individual,with return on the X-axis and total utility on the Y-axis,the slope of the total utility curve:
A)increases at an increasing rate.
B)has a constant slope.
C)increases at a decreasing rate.
D)decreases at an increasing rate.

Question

Quizplus · Accepted Answer

A risk-loving individual derives increasing marginal utility from each additional unit of return, leading to an increasing slope of the total utility curve.

For a Risk-Loving Individual,with Return on the X-Axis and Total