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Suppose your utility function for income that takes the form U(I)=I , and you are considering a self-employment opportunity that may pay $10,000 per year

Suppose your utility function for income that takes the form U(I)=I

, and you are considering a self-employment opportunity that may pay $10,000 per year or $40,000 per year with equal probabilities. What certain income would provide the same satisfaction as the expected utility from the self-employed position?

Group of answer choices

$15,000

$25,000

$22,500

$27,500

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