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Quincy's expected utility function is pc1/21 + (1 - p) c1/22, where p is the probability that he consumes c1 and 1 - p is the probability that he consumes c2.Wilbur is offered a choice between getting a sure payment of $Z or a lottery in which he receives $3,600 with probability .60 and $12,100 with probability .40.Wilbur will choose the sure payment if
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