Figure 27-1.The figure shows a utility function.
-Refer to Figure 27-1.What is measured along the vertical axis?
A)risk aversion
B)marginal utility
C)utility
D)the number of units of a good that can be purchased

Name: Figure 27-1.The figure shows a utility function. -Refer to Figure 27-1.What is measured along the vertical axis? A)risk aversion B)marginal utility C)utility D)the number of units of a good that can be purchased
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Question

Figure 27-1.The figure shows a utility function. 
-Refer to Figure 27-1.What is measured along the vertical axis?
A)risk aversion 
B)marginal utility 
C)utility 
D)the number of units of a good that can be purchased

Quizplus · Accepted Answer

The Answer is C

Figure 27-1.The Figure Shows a Utility Function