=+B. * Suppose that the function u1x2 5 ln x allows us to represent both of our
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=+B. * Suppose that the function u1x2 5 ln x allows us to represent both of our preferences over gambles using the expected utility function. Suppose further that z and y (as defined in part A) take on the values z 5 150 and y 5 50.
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Microeconomics An Intuitive Approach With Calculus
ISBN: 9781337335652,9781337027632
2nd Edition
Authors: Thomas Nechyba
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