-George Is Considering Investing in a Frozen Yogurt Store

Multiple Choice

-George is considering investing in a frozen yogurt store. If the store does well he will make $20,0000, but if the store does poorly he will make only $10,000. There is a 50 percent chance of each outcome. His utility of wealth schedule is in the above table. The expected utility of this investment is

A) 115.
B) 140.
C) 165.
D) 180.