Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions:
-(Table: Income and Utility for Whitney) Look at the 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