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of 29 An individual's preferences can be expressed by the utility function U(w) = was. Knowing that the individual's net wealth (he can stil borrow

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of 29 An individual's preferences can be expressed by the utility function U(w) = was. Knowing that the individual's net wealth (he can stil borrow il necessary) is zero, what is the maximum price he would be willing to pay for a game of chance that offered $10 with 70.72% likelihood and $0 otherwise? O A The most he would pay is $0.00 O B. The most he would pay is $10.00. O C. The most he would pay is $5.00. O D. The most he would pay is $2.50. lasure

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