An individual with a constant marginal utility of income will-08859
An individual with a constant marginal utility of income will be:
This multiple choice question (MCQ) is related to the book/course vu eco401 Economics. It can also be found in vu eco401 Final Term - Quiz No.10.
An individual with a constant marginal utility of income will be:
Risk loving
Risk neutral
Risk averse
Insufficient information for a decision.