Distinguish between utility function and expected utility function. Discuss the assumptions associated with the Von Neumann Morgenstern Utility Function. 

"Expected utility" is an economic term summarizing the utility that an entity or aggregate economy is expected to reach under any number of circumstances. The expected utility is calculated by ___ _________ __________ ____ __________ _______ _______.
_______ ____ ______ ______ ________ ___ __________ _____ __________ _____ ___.
___ ________ _______ _____ _______ ________ ____ ____ _________ ____.
____ _______ _________ ________ _______ _____ ____ ______.
___ _____ ________ _________ _______ ______ __________ ____ ____.
____ ________ ________ ________ _________ ______ _________.
____ ______ _________ _________ __________ _________ ________ ___ _______ _________.
____ ___ _______ _____ _________ __________ __________ ____.
_________ _______ _______ ___ ____ ______ ____ ___ ______ __________ ________.
________ ______ __________ ________ ___ _________ _____ ____ ____ _______ ___.
_____ _______ ____ ________ ________ ________ ____ ______ _________ ______.
__________ ______ ______ ______ ___ ____ ______ ___ ______ ______.
_____ _______ _______ _________ ________ ________ _________ __________ __________ ________ ____ ______.
__________ ___ _____ ________ _______ _____ ________ _______ _____.
_____ ____ ________ ___ __________ _________ ___ __________.
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