Question: B) An individual with the utility function U(X) = X/102 is indifferent among both the Lotteries then find the value of p? Lottery A Prize

B) An individual with the utility function U(X) = X/102 is

B) An individual with the utility function U(X) = X/102 is indifferent among both the Lotteries then find the value of "p"? Lottery A Prize 110 130 Probability 1/2 Lottery B Prize 90 Probability (1-0) 1/2 150

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