2. Economics
3. 3 think about you benefit from food let c be...

# Question: 3 think about you benefit from food let c be...

###### Question details

3. Think about you benefit from food. Let c be the market value of the amount of food you have in a given day and u(c) the utility from consuming c.

(c) You are offered the choice between (A) $150 dollars worth of food for the week (B) 50% chance that you get$600 worth of food for the week and 50% you get $0 worth of food for the week. If this is the only source of food (e.g. if you are unlucky and get$0 worth of food for the week you literally get no food for the week), then which option do you prefer