Show that absolute risk aversion is increasing at any level


Problem

Consider the case of a quadratic expected utility function. Show that at some level of wealth marginal utility is decreasing. More importantly, show that absolute risk aversion is increasing at any level of wealth.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Show that absolute risk aversion is increasing at any level
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