Question: Option toi to2 A C 2 3 The table above presents streams of utility payoffs for options A-D to be delivered over three periods. Use

Option toi to2 A C 2 3 The table above presents streams of utility payoffs for options A-D to be delivered over three periods. Use the values in this chart to solve the following problems. Please show your work. Assume, for all problems, that the subject uses exponential discounting to make decisions. 1. Makenna has a discount factor of 5 m.9. Which option does she prefer the most? Which option is the wont for her? 2. Jeff has a discount factor of 5 . 4. Which option does he prefer the most? Which option is the worst for him? 3. Elliott is indifferent between options A and D. What is their discount factor, of

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