Author Question: Given its definition, expected utility theory is most applicable to deciding whether to a. break ... (Read 77 times)

melina_rosy · **on:** Jun 20, 2018

Given its definition, expected utility theory is most applicable to deciding whether to

a. break up or stay involved with a current girlfriend.
b. go out for junior varsity hockey or junior varsity basketball.
c. buy first class or coach tickets for a spring break trip.
d. take astronomy or geology as a physical science elective course.

Question 2

Donovan volunteers his time to campaign for Joel Goodman. He spent all afternoon putting up Goodman for Congress signs around his town and arrived back at Goodman headquarters just in time to watch the Goodman- Hernandez debate on TV. Donovan was eager to watch the candidates debate each other, even though he was 100 sure he was going to vote for Goodman. Donovan's first response to the debate will most likely be

a. I noticed that Goodman and Hernandez agreed on the new environmental policy.
b. Did you hear how well Goodman answered that question on job creation?
c. I wonder why Goodman was so vague on the school tax issue when I know he has a clear idea about that.
d. Hernandez is really going to make this a tight race.