A libertarian paternalist would prefer to implement policies that a.adjust the incentives of a decision. b.allow individuals to opt-out of the default option. c.require individuals to make a decision. d.randomly assign individuals to an option if they don't make a choice

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A: Which of the following statements about negative incentives is the most accurate.

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A: Utility function : U = 3Y0.5 Wealth in Bad state = 4,840, 000  Wealth in good State = 6,250,000

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A: The problem relates to the subject of economic ethics and behavioural economics.

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A: PLEASE NOTE THE AS PER THE GUIDELINE WE CAN SOLVE ONE QUESTION AT A TIME. PLEASE POST THE OTHER TWO…

Q: utility function

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