What is? john expected utility for each job? offer

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Question: 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

Reference no: EM133422812

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