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Author Question: On any given day we know a salesman can earn 0 with a 40 probability, 100 with a 20 probability or ... (Read 22 times)

APUS57

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on: Jul 1, 2018
On any given day we know a salesman can earn 0 with a 40 probability, 100 with a 20 probability or 300 with 40 probability. His expected earnings equal
 
  A) 0.
  B) 140.
  C) 300.
  D) It cannot be determined from the available information.

Question 2

On any given day, a salesman can earn 0 with a 30 probability, 100 with a 20 probability, or 300 with a 50 probability. His expected earnings equal
 
  A) 0.
  B) 100.
  C) 150.
  D) 170.
Microeconomics ¦ Perloff ¦ 8th Edition
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gasdhashg

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Reply #1 on: Jul 1, 2018
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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APUS57

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Reply 2 on: Jul 1, 2018
:D TYSM

AmberC1996

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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