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True or False. Justify your answer Maria has nvm utility functions v(y)=y and an income of y=1000 initially. She is now offered a bet such

True or False. Justify your answer

Maria has nvm utility functions v(y)=y and an income of y=1000 initially. She is now offered a bet such that with probability 1/7 to $600 and with probability 6/7 to lose $100. based on her calculation it makes sense for her to accept the bet.

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