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Author Question: Expected utility is a weighted average in which the weights are A) average incomes. B) marginal ... (Read 102 times)

brutforce

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on: Jun 29, 2018
Expected utility is a weighted average in which the weights are
 
  A) average incomes.
  B) marginal incomes.
  C) total incomes.
  D) probabilities.

Question 2

The air travel market, which is dominated by a few large firms, is an example of
 
  A) a monopoly market.
  B) an oligopolistic market.
  C) a perfectly competitive market.
  D) a monopolistically competitive market.


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kristenb95

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


brutforce

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

bblaney

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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