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(Figure: Utility and Income) Suppose That Sara Has an Income

Question 40

Multiple Choice

(Figure: Utility and Income) Suppose that Sara has an income of $80,000 but if her business burns down, her income drops to $20,000. (Figure: Utility and Income) Suppose that Sara has an income of $80,000 but if her business burns down, her income drops to $20,000. Sara's expected income is $____. A) 60,000 B) 50,000 C) 100,000 D) 80,000 Sara's expected income is $____.


A) 60,000
B) 50,000
C) 100,000
D) 80,000

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