Using a scale of 1 to 10, where 10 is the most painful and 1 is...

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Using a scale of 1 to 10, where 10 is the most painful and 1 is least painful, when John's wealth is $100,000 he rates a $1,000 loss as being a 3. When John's wealth is $1,000,000 he rates the loss of $1,000 as a 6. This would be an example of: OA, Increasing Relative Risk Aversion OB, none of the answers listed here. OC. Increasing Absolute Risk Aversion OD, Decreasing Absolute Risk Aversion Using a scale of 1 to 10, where 10 is the most painful and 1 is least painful, when John's wealth is $100,000 he rates a $1,000 loss as being a 3. When John's wealth is $1,000,000 he rates the loss of $1,000 as a 6. This would be an example of: OA, Increasing Relative Risk Aversion OB, none of the answers listed here. OC. Increasing Absolute Risk Aversion OD, Decreasing Absolute Risk Aversion