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Business, 18.05.2021 19:00 kndaniels05

Suppose that Jen has a 50% chance of getting sick, and if this happens she'll need an operation that costs $10; 000 (and gives her no utility). Jen has $10; 000 in resources (which she spends on either consumption, or on the operation if needed). What is Jen's expected utility

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Suppose that Jen has a 50% chance of getting sick, and if this happens she'll need an operation that...
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