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Author Question: Would you pay 3.75 for a gallon of gas? and How much would you be willing to pay for a gallon of ... (Read 68 times)

ishan

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Would you pay 3.75 for a gallon of gas? and How much would you be willing to pay for a gallon of gas? are two ways of asking the same question about preferences. This is an example of ______________.
 
  a. transitivity c. intransitive choices
  b. dualism d. procedural invariance

Question 2

The expected value or worth of an outcome at the time of decision is referred to as the ______________.
 
  a. decision utility c. marginal utility
  b. expected utility d. experienced utility



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TheDev123

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Answer to Question 1

Answer: d

Answer to Question 2

Answer: a




ishan

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Reply 2 on: Jun 20, 2018
:D TYSM


matt95

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Reply 3 on: Yesterday
Gracias!

 

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