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4. Consider the following situation: 0.3 $75 C 0.2 $60 A 0.5 $30 B $20 Assume U(X) = 0.2X + 5. What is the preferred

4. Consider the following situation: 0.3 $75 C 0.2 $60 A 0.5 $30 B $20 Assume U(X) = 0.2X + 5. What is the preferred alternative, A or B? How do you know

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