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Question 82

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Use the following to answer question: Use the following to answer question: -(Table: Income and Utility for Whitney) Use Table: Income and Utility for Whitney.Whitney's income next year is uncertain: there is a 40% probability she will make $40,000 and a 60% probability she will make $80,000.Whitney's expected utility is _____ utils. A) 135 B) 124 C) 120 D) 130
-(Table: Income and Utility for Whitney) Use Table: Income and Utility for Whitney.Whitney's income next year is uncertain: there is a 40% probability she will make $40,000 and a 60% probability she will make $80,000.Whitney's expected utility is _____ utils.


A) 135
B) 124
C) 120
D) 130

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