Question: You have a utility function that looks like this: U = VP where P is the payoff from growing a crop of pineapples, pomegranates, pecans

You have a utility function that looks like this: U = VP where P is the payoff from growing a crop of pineapples, pomegranates, pecans or potatoes and U is the utility you get from the payoff (P) measured in utils. Based on expected utility, rank these crops from highest to lowest payoffs Good Bad rain rain Payoff (P) ... year year Pineapples $256 $36 Pomegranates $169 $64 Pecans $100 $81 Pistachios $196 $25 Potatoes $144 $49 Probability 0.10 0.90 T

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