Refer to the Information Provided in Figure 17

question 35

Multiple Choice

Refer to the information provided in Figure 17.1 below to answer the question(s) that follow. Figure 17.1
-Refer to Figure 17.1. John has two job offers when he graduates from college. John views the offers as identical, except for the salary terms. The first offer is at a fixed annual salary of $50,000. The second offer is at a fixed salary of $20,000 plus a possible bonus of $60,000. John believes that he has a 50-50 chance of earning the bonus. What is John's expected utility for each job offer?

• A) expected utility of 200 for the first offer and expected utility of 218 for the second offer
• B) expected utility of 200 for the first offer and expected utility of 110 for the second offer
• C) expected utility of 200 for the first offer and expected utility of 164 for the second offer
• D) expected utility of 100 for the first offer and expected utility of 164 for the second offer

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Definitions:

LBGT Sexuality

A term referring to individuals whose sexual orientation is Lesbian, Gay, Bisexual, or Transgender, encompassing a range of non-heterosexual orientations.

Deviancy

Behavior that violates the norms or accepted standards of a society or community, often resulting in social stigma or legal sanctions.

Slut Label

A pejorative term used to shame or degrade a person, typically a woman, for real or presumed sexual activity, or behavior deemed socially or morally unacceptable.

Sexual Experience

An individual's encounters or activities involving physical intimacy, which can encompass a wide range of sexual behaviors and relationships.