The Expected Utility of a Choice Is Calculated As

The expected utility of a choice is calculated as:

A) the anticipated level of utility of the choice based on the spread between the best and worst possible outcomes.
B) the change in utility that will occur based on the difference between the pre-choice and post-choice utility levels.
C) a weighted average of the different utility levels associated with each possible outcome, weighted by the probability that outcome occurs.
D) the total of all possible utility levels resulting from the choice divided by the number of possible utility levels.