The table shows the utility Tamara receives at various income levels, but she does not know what her income will be next year. There is a 40% chance her income will be $20,000, a 40% chance her income will be $30,000, and a 20% chance her income will be $40,000. We know that Tamara is risk-averse because: Table: Utility and Income Levels for Tamara Income Level Utility Level (utils) $20,000 2,500 25,000 3,000 26,516 3,144 28,000 3,270 29,000 3,350 30,000 3,420 31,000 3,480 35,000 3,680 40,000 3,880 she would prefer $40,000, but there is a risk she will make only $20,000. her expected income is more than what she may actually earn. O her expected income is less than what she may actually earn. O she experiences diminishing marginal utility of income