justify your answer 28. Three decision makers have assessed utilities for the following decision problem (payoff in dollars); State of Nature 53 Si Decision Alternative dj dz 20 52 SO 100 -20 -100 80 The indifference probabilities are as follows: Payoff 100 80 SO 20 -20 -100 Indifference Probability (p) Decision Maker A Decision Maker B Decision Maker C 1.00 1.00 1.00 0.95 0.70 0.90 0.90 0.60 0.75 0.70 0.45 0.60 0.50 0.25 0.40 0.00 0.00 0.00 a. Plot the utility function for money for each decision maker. b. Classify cach decision maker as a risk avoider, a risk taker, or risk neutral. c. For the payoff of 20, what is the premium that the risk avoider will pay to avoid risk? What is the premium that the risk taker will pay to have the opportunity of the high payoff? 0.25, find a recommended deci