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The table shows several levels of income and the utility that Judy receives from that income. If Judy is healthy, her income will be $30,000.

The table shows several levels of income and the utility that Judy receives from that income. If Judy is healthy, her income will be $30,000. However, there is a 50% chance that she will have $8,000 of medical expenses for a knee replacement, and her income will be $22,000. Income Utility $20,000 1,000 22,000 1,400 23,000 1,550 24,000 1,600 26,000 1,650 30,000 1,700 If the chance that Judy will have to pay $8,000 in medical expenses falls from 50% to 20%, the expected value of her utility will _____. increase decrease go to zero remain the same

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