What is the expected monetary valAn increasing concave utility function implies which of the following? Loss avoidance, a loss is felt more strongly than an equal gain Increasing return to scale Law of diminishing returns Pareto principle that 80% of the effects comes from 20% of the causes The Peter principle that people rise to their level of incompetenceue (EMV) if Allen has a 30% chance of winning a contract for $100,000 and 70% chance of winning another contract for $250,000