« previous next »

Author Question: Any risk-averse individual would always A) take a 10 chance at 100 rather than a sure 10. B) ... (Read 69 times)

Caiter2013

  • Hero Member
  • *****
  • Posts: 607
on: Jul 1, 2018
Any risk-averse individual would always
 
  A) take a 10 chance at 100 rather than a sure 10.
  B) take a 50 chance at 4 and a 50 chance at 1 rather than a sure 1.
  C) take a sure 10 rather than a 10 chance at 100.
  D) take a sure 1 rather than a 50 chance at 4 and a 50 chance at losing 1.
  E) do C or D above.

Question 2

Which of the following is NOT a condition for third degree price discrimination?
 
  A) Monopoly power
  B) Different own price elasticities of demand
  C) Economies of scale
  D) Separate markets


nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

If you get a chance, look through popular read-aloud books for young children, such as The Very ... If you get a chance, look through popular read-aloud books for young children, such as The Very ...
Characteristics of the individual determine (a) whether they will be exposed to certain stressors ... Characteristics of the individual determine (a) whether they will be exposed to certain stressors ...
What Reduces the Risk of Divorce? What Reduces the Risk of Divorce?
Individual Tubule Functions Individual Tubule Functions
Genes and Risk Factors for Alzheimer Disease Genes and Risk Factors for Alzheimer Disease
Increased Risk of Knee Osteoarthritis Increased Risk of Knee Osteoarthritis
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library