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Author Question: Refer to Scenario 15.3. X would be higher if A) her income were higher and she were younger. B) ... (Read 55 times)

big1devin

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on: Jul 1, 2018
Refer to Scenario 15.3. X would be higher if
 
  A) her income were higher and she were younger.
  B) her income were higher and she were older.
  C) her income and the mortality rates for someone of Ms. Qwerty's statistical profile were both lower.
  D) her income and the mortality rates for someone of Ms. Qwerty's statistical profile were both higher.
  E) she were older and the relevant mortality rate were lower.

Question 2

A monopolist has equated marginal revenue to zero. The firm has:
 
  A) maximized profit.
  B) maximized revenue.
  C) minimized cost.
  D) minimized profit.


rnehls

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Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


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