What can we infer about Simon's preferences in regards exchanging all of his initial wealth for lottery-C in which two coins are tossed, with prizes $16 if both coins are heads and $4 otherwise, and exchanging all of his initial wealth for lottery-D, in which two coins are tossed, with prizes $4 if both coins are heads and $8 otherwise? a. Lottery C is preferred to lottery D. Lottery D is preferred to lottery C. b. C. Lotteries D and C are equally preferred. d. It is impossible to say which of lotteries C and D is preferred. e. None of the above. Clear my choice