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Question 11 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz Refer to the information provided in the figure

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Question 11 of 20 This quiz: 20 point(s) possible This question: 1 point(s) possible Submit quiz Refer to the information provided in the figure at right to answer the question that follows. John has two job offers when he graduates from college. John views the offers as identical, except for the salary terms. The first offer is at a fixed annual salary of $50,000. The second offer is at a fixed salary of $20,000 plus a possible bonus of $60,000. John believes that he has a 50-50 chance of earning the bonus. What is John's expected utility for each job offer? A. Expected utility of 100 for the first offer and expected utility of 164 for the second offer OB. Expected utility of 200 for the first offer and expected utility of 218 for the second offer C. Expected utility of 200 for the first offer and expected utility of 164 for the second offer D. Expected utility of 200 for the first offer and expected utility of 110 for the second offer --- Utility 218 210 200 180 110 20,000 40,000 60,000 80,000 Income ($) Q

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