1. Suppose a family has saved enough for a 10 day vacation (the only one they will be able to take for 10 years) and has a utility function U=V 2 (where V is the number of healthy vacation days they experience). Suppose they are not a particularly healthy family and the probability that someone will have a vacation.ruining illness (V=0) is 20% . What is the expected value of V ? a. 10 b. 8 c. 2 d. 0