Question: From the appearance of the utility function, we know that a. the property of decreasing marginal utility applies to Dexter. b. Dexter is risk averse.

From the appearance of the utility function, we know that a. the property of decreasing marginal utility applies to Dexter. b. Dexter is risk averse. c. Dexter gains more satisfaction when his wealth increases by X dollars than he loses in satisfaction when his wealth decreases by X dollars. d. Dexter does not enjoy engaging in risky behavior

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