Question: 8. If a utility function is a. u(x)=lnx b. u(x)=2x+3 c. u(x)=x how would we choose between the following two lotteries? and L- L.

8. If a utility function is a. u(x)=lnx b. u(x)=2x+3 c. u(x)=x

8. If a utility function is a. u(x)=lnx b. u(x)=2x+3 c. u(x)=x how would we choose between the following two lotteries? and L- L. 0.5 0.5 0.9 0.1 $880 $0 $500 - $100

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