Utility Risk averse 8 16 14 ■■■■■■■■■ 13 10 Risk loving (a) 18 10 1516 20 30 Income 18 ■■■■ E ($1000) D 10.5" 8 C 12 Risk neutral 6 20 30 10 20 30 (b) Risk Aversion (c) Utility Income (＄1000) E 10 13 14 16 18 10 15 16 20 30 10 20 30 3 8 18 6 12 18 10 20 30 (b) (c) (a) Risk Aversion A C E A C E D C B A F 10.5 D Risk loving Risk averse Risk neutral