(Table: Amy's Utility Function) Look at the Table Amy's Utility

Multiple Choice

(Table: Amy's Utility Function) Look at the table Amy's Utility Function.Amy is an entrepreneur with income equal to $40,000.Amy is considering development of a new product.The probability that her new product earns Amy $30,000 in additional income is 0.5, and the probability that Amy incurs a reduction of $10,000 from her current income is 0.5.Amy's
Expected income after developing her new product is:

A) $45,000.
B) $35,000.
C) $50,000.
D) $60,000.