Question: (a) Prove the equivalence (5.25), including the inequalities, for real numbers (A, B, C) that fulfill (A

(a) Prove the equivalence (5.25), including the inequalities, for real numbers \(A, B, C\) that fulfill \(A

(b) Prove \((1-\alpha) \mathbb{E}(u, P)+\alpha \mathbb{E}(u, R)=\mathbb{E}(u,(1-\alpha) P+\alpha R)\) for two lotteries \(P\) and \(R\), which is the second equation in (5.30).

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