Which of the following statements MUST be true? a. James should bet on a Democratic victoiy if he is risk-averse and on a third-party victory otherwise. b. Regardless of his w-curve, James should...

Which of the following statements MUST be true?

a. James should bet on a Democratic victoiy if he is risk-averse and on a third-party victory otherwise.

b. Regardless of his w-curve, James should never bet on a third-party victory.

c. Regardless of his w-curve, James should never bet on a Republican victory.

d. None of the above statements MUST be true.