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-The Above Figure Shows Bob's Utility Function

question 88

Multiple Choice

  -The above figure shows Bob's utility function.He currently has $100 of wealth,but there is a 50% chance that it could all be stolen.Bob's expected wealth is A)  $0. B)  $50. C)  $75. D)  $100.
-The above figure shows Bob's utility function.He currently has $100 of wealth,but there is a 50% chance that it could all be stolen.Bob's expected wealth is

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