-Adriana Wants to Try Working as an Independent Contractor This

question 149

Multiple Choice

-Adriana wants to try working as an independent contractor this summer. She has a 50 percent chance that she will make $9,000 and 50 percent chance that she will make nothing. Her utility of wealth curve is shown in the figure above. What's Adriana's expected utility from taking this job?

• A) 45
• B) $4,500
• C) $2,000
• D) 40