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Assume that our utility function is defined as u ( x ) = x 2 . For how much $ cash we would be indifferent
Assume that our utility function is defined as For how much $ cash we would be indifferent between doing this project and receiving that cash? In other words, if we receive more than this value we are willing to give up and not do the project.
Assume that on the decision tree shown in Problem Round your answer to the nearest integer.
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