(Figure: Utility and Income) Suppose that Sara has an income of $80,000 but if her business burns down, her income drops to $20,000. Sara's certainty equivalent is ____.

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(Figure: Utility and Income) Suppose that Sara has an income of $80,000 but if her business burns down, her income drops to $20,000.  Sara's certainty equivalent is ____.

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The Answer of (Figure: Utility and Income) Suppose that Sara has an income of $80,000 but if her business burns down, her income drops to $20,000.  Sara's certainty equivalent is ____.

(Figure: Utility and Income) Suppose That Sara Has an Income