Question: FASTER PLEASE I NEED THE ANSWER An individual has the following utility function u(w)=2w0.5 +10 using the expected utility, order the following prospects in terms

FASTER PLEASE I NEED THE ANSWER An individual has the following

FASTER PLEASE I NEED THE ANSWER

An individual has the following utility function u(w)=2w0.5 +10 using the expected utility, order the following prospects in terms of preference, from the most to the least preferred. P1(0.9,3,500,500) P2 (0.7,3700, 400) P3 (0.5, 5000, 350) What is the certainty equivalent level for P3

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