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(Table: Health Status) Suppose the Person's Utility Function Is Given

Question 68

Multiple Choice

(Table: Health Status) Suppose the person's utility function is given by U = I0.5, where I is income. What is the person's expected utility? (Table: Health Status) Suppose the person's utility function is given by U = I<sup>0.5</sup>, where I is income. What is the person's expected utility? A) 270 B) 45 C) 184 D) 81


A) 270
B) 45
C) 184
D) 81

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