Question

The graph shows Dana's utiity of wealth curve. Total utaty units) Dana has an opportunity to Invast her wealth in a business venturs that has a 50 parcant chance of returning $9.000 and a 50 percant chance of returning $3,000 105 ot Draw a horizontal lina at Dana's axpectad utility laval Labal it axpected utlity laval 90 Danass tha amount by which axpacted weath must ba Increased to glve tha same ampactad untility as a no-risk situation A. marginal utilin OB. risk aversion OC. expected risk O D. cost of risk Wealth (thousands of dolars) Draw only the objects specifed in the question.

Answer 1

must be ur sinuoion.