41 Jim Sellers (see Problem 40) has been able to estimate his utility for a number of different values, and he would like to use these utility values in making his decision. The utility values are U(–$104,000)

0, U(–$89,000) 0.5, U(–$84,000) 0.55, U(–$20,000) 0.7, U(–$5,000) 0.8, U($0)

0.81, U($120,000) 0.9, U($135,000) 0.95, and U($140,000) 1.

(a) Solve Problem 40

(a) again using utility values.

(b) Is Jim a risk avoider or risk seeker? Justify your answer.