Use the following to answer questions:
-(Table: Income and Utility for Whitney) Look at the table Income and Utility for Whitney. Whitney's income next year is uncertain: there is a 40% probability she will make $40,000 and a 60% probability she will make $80,000. What certain income leaves Whitney as well off as her uncertain income?
A) $64,000
B) $60,000
C) $54,000
D) $50,000

Question

Use the following to answer questions: 
-(Table: Income and Utility for Whitney) Look at the table Income and Utility for Whitney. Whitney's income next year is uncertain: there is a 40% probability she will make $40,000 and a 60% probability she will make $80,000. What certain income leaves Whitney as well off as her uncertain income?
A) $64,000 
B) $60,000 
C) $54,000 
D) $50,000

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The Answer of Use the following to answer questions: 
-(Table: Income and Utility for Whitney) Look at the table Income and Utility for Whitney. Whitney's income next year is uncertain: there is a 40% probability she will make $40,000 and a 60% probability she will make $80,000. What certain income leaves Whitney as well off as her uncertain income?
A) $64,000 
B) $60,000 
C) $54,000 
D) $50,000

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