Using the 3-point curved line drawing tool, draw a utility function for income that describes a person who is a risk lover. Label it "Utility." Carefully follow the instructions above, and only draw the required object.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter11: Marketing And Distribution
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Using the 3-point curved line drawing tool, draw a utility function for income that
describes a person who is a risk lover. Label it 'Utility.'
Carefully follow the instructions above, and only draw the required object.
500-
400-
300-
200-
100-
Utility
20
40
60
Income (thousands)
80
100
Transcribed Image Text:Using the 3-point curved line drawing tool, draw a utility function for income that describes a person who is a risk lover. Label it 'Utility.' Carefully follow the instructions above, and only draw the required object. 500- 400- 300- 200- 100- Utility 20 40 60 Income (thousands) 80 100
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