This topic contains a solution. Click here to go to the answer

Author Question: Adriana wants to try working as an independent contractor this summer. She has a 50 percent chance ... (Read 52 times)

arivle123

  • Hero Member
  • *****
  • Posts: 569
Adriana wants to try working as an independent contractor this summer. She has a 50 percent chance that she will make 9,000 and 50 percent chance that she will make nothing. Her utility of wealth curve is shown in the figure above.
 
  What's Adriana's cost of risk? A) 2,500
  B) 2,000
  C) zero
  D) 40

Question 2

The table above gives production information for Bob's Baseball Cap Company. Bob's total cost when zero caps are produced is 200 and workers cost 10 per hour. The average total cost of producing 4 baseball hats per hour is
 
  A) 1.67.
  B) 50.00.
  C) 52.50.
  D) More information is needed to answer the question.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

A

Answer to Question 2

C




arivle123

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Excellent

 

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

For a complete list of videos, visit our video library