This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Option A provides 9,000 with probability 50 percent or 11,000 with probability 50 percent. Option B ... (Read 78 times)

lracut11

  • Hero Member
  • *****
  • Posts: 536
on: Jun 29, 2018
Option A provides 9,000 with probability 50 percent or 11,000 with probability 50 percent. Option B provides 8,000 with probability 50 percent or 12,000 with probability 50 percent. For most people the cost of risk associated with B is
 
  A) less than that associated with A.
  B) the same as that associated with A.
  C) exactly twice that associated with A.
  D) more than twice that associated with A.

Question 2

The price in a contestable market is similar to that in a perfectly competitive market because
 
  A) there are barriers to entry.
  B) there are no barriers to entry.
  C) there are many firms in the market.
  D) the firm can earn an economic profit in the long run.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frankwu0507

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


lracut11

  • Member
  • Posts: 536
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Mochi

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Independent assortment produces 50 percent recombinants Independent assortment produces 50 percent recombinants
Probability of Major Depression as a Function of 5-HTT Allele and Levels of Maltreatment ... Probability of Major Depression as a Function of 5-HTT Allele and Levels of Maltreatment ...
Summary of Common Probability Distributions Summary of Common Probability Distributions
How to solve any percent error problem How to solve any percent error problem
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ... Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...
Video: Cataract

For a complete list of videos, visit our video library