-Of the Choices Given Below, Jimmy, Whose Utility of Wealth

Multiple Choice

-Of the choices given below, Jimmy, whose utility of wealth schedule is given above, prefers

A) option A: $300 with certainty.
B) option B: 50 percent chance of $200 and 50 percent chance of $400.
C) option C: 50 percent chance of $200 and 50 percent chance of $700.
D) option D: 90 percent chance of $400 and 10 percent chance of $0.