Business, 20.08.2021 03:30 ChHal3716

Upon graduation, you are offered three jobs. Some job only offers fixed salary, some job also offers potential bonus. Company Income without Bonus Income with Bonus Probability of Receiving Bonus
Samsa Exterminators 10,000 62,500 .90
Gradgrind Tech 17,000 28,000 .50
Goblin Fruits 115,000 128,000 .50
Assuming that your utility for income is U=I0.5, the expected utilityfrom working at Samsa Exterminator is Answer (please don't use the comma, please keep 1 decimal place) (Hint: Expected Utility =0.9U(120000)+0.1U(100000))
Assuming that your utility for income is U=I0.5, your utility of expected income from working at Gradgrind Tech is Answer (please don't use the comma, please keep 1 decimal place)(HInt: Expected Income=0.9120000+0.1100000, then you can use the utility function to calculate the utility of this expected income).

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Upon graduation, you are offered three jobs. Some job only offers fixed salary, some job also offers...