Author Question: Refer to Table 5.3. In order to weigh which of the job choices is riskiest, an individual should ... (Read 22 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
Refer to Table 5.3. In order to weigh which of the job choices is riskiest, an individual should look at
 
  A) the deviation, which is the difference between the probabilities of the two outcomes.
  B) the deviation, which is the difference between the dollar amounts of the two outcomes.
  C) the average deviation, which is found by averaging the dollar amounts of the two outcomes.
  D) the standard deviation, which is the square root of the average squared deviation.
  E) the standard deviation, which is the squared average square root of the deviation.

Question 2

Refer to the indifference curve in Figure 3.3. Which of the following statements about marginal utility (MU) is correct?
 
  A) MU(A) = 0.
  B) MU(B) = 0.
  C) MU(A) is negative.
  D) MU(B) is negative.



mohan

  • Sr. Member
  • ****
  • Posts: 362
Answer to Question 1

D

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

For a complete list of videos, visit our video library