Figure 27-3 The Following Figure Shows the Utility Function for Paul

Multiple Choice

Figure 27-3
The following figure shows the utility function for Paul.
-Refer to Figure 27-3.Suppose Paul begins with $900 in wealth.Starting from there,

A) Paul would be willing to accept a coin-flip bet that would result in him winning $200 if the result was "heads" or losing $200 if the result was "tails."
B) the pain of losing $200 of his wealth would equal the pleasure of adding $200 to his wealth.
C) the pain of losing $200 of his wealth would exceed the pleasure of adding $200 to his wealth.
D) the pleasure of adding $200 to his wealth would exceed the pain of losing $200 of his wealth.