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Q2. Suppose that an individual with u(x) Vx owns a gamble G: (W,,Wo) = (200,100) with (Tg, 7) = (0.8,0.2). Suppose the market prices (7to

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Q2. Suppose that an individual with u(x) Vx owns a gamble G: (W,,Wo) = (200,100) with (Tg, 7) = (0.8,0.2). Suppose the market prices (7to of GC and BC are given by (P, Py) = (0.9,0.1). She can purchase or sell any amount of GC and/or BC at the market prices. How many units of GC and/or BC the individual would purchase or sell? Q2. Suppose that an individual with u(x) Vx owns a gamble G: (W,,Wo) = (200,100) with (Tg, 7) = (0.8,0.2). Suppose the market prices (7to of GC and BC are given by (P, Py) = (0.9,0.1). She can purchase or sell any amount of GC and/or BC at the market prices. How many units of GC and/or BC the individual would purchase or sell

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