Choice A: ($2400, 50%; $0, 50%) or ($1300, 100%) Choice B: ($4000, 25%; $1000, 75%) or ($1800, 100%) I2 2 (2) For each choice situation, as Ann becomes more risk averse, does she become more prone to choose the first or second lottery? (5 pts) Choice C: ($600, 25%; $400, 25%; $200, 25%; $0, 25%) or ($300, 100%) (1) Ann is a risk-averse expected utility person. Is it possible to determine which lottery she will choose for each choice situation? (5 pts)