Question: Please help with this practice question. A lottery has expected payoff of $50. Staci has a certainty equivalent of $35 for this lottery, Amir has

Please help with this practice question.

A lottery has expected payoff of $50. Staci has a certainty equivalent of $35 for this lottery, Amir has a certainty equivalent of $50 for this lottery, and Kim has a certainty equivalent of $45 for this lottery. Which of the 3 is risk averse based on their certainty equivalents? O both Staci and Kim O only Kim O only Amir O all 3 of them O only Staci

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