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The following table shows the relationship between your wealth (in thousands of dollars) and your utility: Wealth Utility 5 15.0 10 23.0 30.0 20 36.0

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The following table shows the relationship between your wealth (in thousands of dollars) and your utility: Wealth Utility 5 15.0 10 23.0 30.0 20 36.0 41.0 30 46.0 50.0 15 25 35 You can invest in asset A, which offers a riskless payoff of $15,000 or in asset B, which pays $5,000 with 40% probability and $25,000 with 60% probability. Which investment do you choose? A, B, because its expected utility of 31.6 is greater than the utility of A. OB. A. because it is riskless. OC. A, because its utility is greater than the expected utility of B, which is 28.4. OD. B, because its expected utility of 30.6 is greater than the utility of A

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