Question: An individual has the following utility function (w)=0,5 w1.5 +100 using the expected utility, order the following prospects in terms of preference from the most

 An individual has the following utility function (w)=0,5 w1.5 +100 using

An individual has the following utility function (w)=0,5 w1.5 +100 using the expected utility, order the following prospects in terms of preference from the most to the least preferred. P1(0.8, 9,500,5,000) P2 (0.6, 10,500, 3,000) What is the certainty equivalent level for P2

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