Refer to the data provided in Table 17.4 below to answer the following question(s). The table shows the relationship between income and utility for Celeste.Table 17.4 IncomeTotal Utility $0 0 $40,00050 $80,00090$120,000120$160,000140Refer to Table 17.4. From the table, we can see that Celeste is
A. risk-loving.
B. risk-neutral.
C. risk-averse.
D. We cannot determine Celeste's attitude toward risk from the table.
Answer: C
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