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Question 77

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Use the following to answer question:
Figure 14.2 Use the following to answer question: Figure 14.2   -(Figure 14.2) Suppose that Sara has an income of $80,000, but if her business burns down, her income drops to $20,000.
-(Figure 14.2) Suppose that Sara has an income of $80,000, but if her business burns down, her income drops to $20,000. Use the following to answer question: Figure 14.2   -(Figure 14.2) Suppose that Sara has an income of $80,000, but if her business burns down, her income drops to $20,000.

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a. $60,000
b. Sara's expected income is ...

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