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News Analysis: Go for the Video Bonus X 1. Background information and article Read the following passage that describes the game show Cash Cab and

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News Analysis: Go for the Video Bonus X 1. Background information and article Read the following passage that describes the game show Cash Cab and introduces the notion of risk, and then answer the question that follows. THE ECONOMICS OF RISK IN CASH CAB, BY THE APLIA ECONOMICS TEAM UTILITY (Util au(y)+(1-a)u(z) u(ay+(1-a)z) ay+(1-a)z OUTCOME True or False: If Beth is risk friendly, then she prefers a 50-50 gamble between $0 and $1,200 over a guaranteed $600

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