Suppose that you have a von neumann-morgenstern utility, Business Economics

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Suppose that you have a von neumann-morgenstern utility

Suppose that you have a von Neumann-Morgenstern utility function given by

U= square root of (1000xW)

(a) Over what range of wealth is this function potentially appropriate to analyze your financial choices under risk?

(b) Over this range of wealth, what is your attitude toward risk?

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Business Economics: Suppose that you have a von neumann-morgenstern utility

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Business Economics: Suppose that you have a von neumann-morgenstern utility

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