She would be willing to accept a coin-flip bet that would result in her winning $200 if the result was ""heads"" or losing $200 if the result was ""tails."" the pain of losing $200 of her wealth would equal the pleasure of adding $200 to her wealth. the pain of losing $200 of her wealth would exceed the pleasure of adding $200 to her wealth. the pleasure of adding $200 to her wealth would exceed the pain of losing $200 of her wealth.
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She would be willing to accept a coin-flip bet that would result in her winning $200 if the result w...
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