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Based on the following utility function (not an indifference curve!), is this individual risk averse, risk loving, or risk neutral?

Recall: a risk averse individual is someone who dislikes uncertain situations, and wants to attempt to reduce uncertainty; a risk neutral individual is indifferent to uncertainty, while a risk loving individual prefers to take some risk and likes uncertain situations. Imagine that in some periods, this individual consumes 2 units of The Goods, and in some periods, this individual consumes 8 units of The Goods.


Risk averse


Risk loving


Risk neutral

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