10. Suppose the utility function is U W( )= W .

a. What is the utility level at wealth levels $50,000 and $150,000?

b. What is expected utility if p still equals .5?

c. What is the certainty equivalent of the risky prospect?

d. Does this utility function also display risk aversion?

e. Does this utility function display more or less risk aversion than the log utility function?