« previous next »

Author Question: Refer to Table 5.3. In order to weigh which of the job choices is riskiest, an individual should ... (Read 23 times)

newyorker26

  • Hero Member
  • *****
  • Posts: 536
on: Jul 1, 2018
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
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Unique markings identify individual humpback whales. Unique markings identify individual humpback whales.
The paleoanthropologist must understand these deformations in order to figure out which strata a fos The paleoanthropologist must understand these deformations in order to figure out which strata a fos
These illustrations show Ellen Craft, a slave with and without a disguise. She dressed “as a disting These illustrations show Ellen Craft, a slave with and without a disguise. She dressed “as a disting
Newest Periodic Table Newest Periodic Table
Fluidization - Calibration Table Pump #2 Fluidization - Calibration Table Pump #2
The Globe Fishery packs shrimp that weigh more than 1.91 ounces each in packages marked large ... The Globe Fishery packs shrimp that weigh more than 1.91 ounces each in packages marked large ...
Video: Junction Types - Tight and Adherens Junctions

For a complete list of videos, visit our video library