-The above figure shows Bob's utility function.He currently has $100 of wealth,but there is a 50% chance that it could all be stolen.If Bob could keep $50 with certainty,his utility would be
A) a.
B) b.
C) c.
D) d.

Question

-The above figure shows Bob's utility function.He currently has $100 of wealth,but there is a 50% chance that it could all be stolen.If Bob could keep $50 with certainty,his utility would be
A) a. 
B) b. 
C) c. 
D) d.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows Bob's utility function.He currently has $100 of wealth,but there is a 50% chance that it could all be stolen.If Bob could keep $50 with certainty,his utility would be
A) a. 
B) b. 
C) c. 
D) d.

-The Above Figure Shows Bob's Utility Function