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Assuming Jewel's reservation price from Question 1d, what is the Zone of Possible Agreement? (2 points) A decision maker is risk averse if he or

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Assuming Jewel's reservation price from Question 1d, what is the Zone of Possible Agreement? (2 points) A decision maker is risk averse if he or she always prefers the EMV of a certain event to the uncertain event. For example, a risk averse decision maker would prefer $50 for sure to a 50-50 chance at $100 or $0 respectively. Moreover, he or she would prefer $100p for sure to a p chance at $100 and a 1-19 chance at $0. Now suppose that Condor is risk averse. How would |IC.ondor's reservation price change? (2 points}

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