Question: John's utility from an additional dollar increases more when he has $1,000 than when he has $10,000. From this, we can conclude that John A.

John's utility from an additional dollar increases more when he has $1,000 than when he has $10,000. From this, we can conclude that John

A.

is risk averse.

B.

is risk loving.

C.

is risk neutral.

D.

has a negative marginal utility of wealth.

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