Mark has two job offers when he graduates from college. mark 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. mark believes that he has a 50minus-50 chance of earning the bonus. if mark takes the offer that maximizes his expected utility and is risk neutral, which job offer will he choose?
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