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8- Assume a Utility Function U = UNI}, where I is income. Graphically:r show risk averse for an event of | i} {Loss or gain]

8- Assume a Utility Function U = UNI}, where I is income. Graphically:r show risk averse for an event of | i} {Loss or gain] with probability =.5? What is the risk premium a consumer is willing to pay to avoid this risk

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