Wealth (dollare) Total utility 0 5,000 90 10,000 140 15,000 180 20,000 190 George is considering investing in a frozen yogurt store. If the store does well he will make $20,0000, but if the store does poorly he will make only $10,000. There is a 50 percent chance of each outcome. His utility of wealth schedule is in the above table. The expected utility of this investment is O 140 e 180. O 115. O 165 QUESTION 2 Total Wealth (dollars) 5,000 utlity 130 10,000 170 15,000 190 20,000 200 Andrew's utility of wealth schedule is given in the above table Andrew is offered a job as a cook which pays $10,000 He is also offered a job as a server which will pay $5,000 if tips are poor and $15,000 if tips are good There is a 50 percent chance that tips will be poor and a 50 percent chance that tips will be good. The expected income from the job as a cook is and from the job as a server is O $10,000, $10,000 O $5,000; $5,000 O $10,000, $15,000 O $10,000; $5,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Clos Save All Answers