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Business, 22.07.2019 16:30 jghdvine

John has two job offers when he graduates from college. john views the offers as identical, except for the salary terms. the first offer is at a fixed annual salary of $50,000. the second offer is at a fixed salary of $20,000 plus a possible bonus of $60,000. john believes that he has a 50-50 chance of earning the bonus. what is john's expected utility for each job offer?

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