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Author Question: Suppose you are offered a bet. I flip a coin. If heads appears, you get $7,000, but if tails ... (Read 46 times)

stananza

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Suppose you are offered a bet. I flip a coin. If heads appears, you get $7,000, but if tails appears, you owe me $7,000 dollars. You don't take the bet. This must mean you are ________ (risk-averse/risk-neutral/risk-loving). I offer your friend Lalit an alternative bet: I draw a card from a standard 52 card deck. If the card is a heart, she will get $5,000, but if another suit is drawn, she pays me $5,000. She takes the bet. This must mean Lalit is ________ (risk-averse/risk-neutral/risk-loving).
◦ risk-averse, risk-neutral
◦ risk-averse, risk-loving
◦ risk-neutral, risk-loving
◦ risk-neutral, risk-averse


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Marked as best answer by stananza on Nov 23, 2022

dadgoere765

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stananza

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review


matt95

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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