« previous next »

Author Question: Making many risky bets A) reduces your expected value. B) is called risk-pooling and can reduce ... (Read 136 times)

tatyanajohnson

  • Hero Member
  • *****
  • Posts: 569
on: Jul 1, 2018
Making many risky bets
 
  A) reduces your expected value.
  B) is called risk-pooling and can reduce risk.
  C) is irrational.
  D) is called risk pooling and increases your expected value.

Question 2

If price is initially above the equilibrium level,
 
  A) the supply curve will shift rightward.
  B) the supply curve will shift leftward.
  C) excess supply exists.
  D) all firms can sell as much as they want.


bbburns21

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

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?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

The average adult has about 21 square feet of skin.

Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called Earth’s history is divided into nested sets of time--eons, eras, periods, and epochs--and is called
The Making of Black Harlem The Making of Black Harlem
Expected Benefits for ICD-10-CM Expected Benefits for ICD-10-CM
Kyoto Protocol encourages industry to innovate and reduce the level of emissions Kyoto Protocol encourages industry to innovate and reduce the level of emissions
How does PCA reduce the dimension of a statistical problem? How do you select the reduced ... How does PCA reduce the dimension of a statistical problem? How do you select the reduced ...
A lesion called a plaque in the brain of an individual with Alzheimer disease. A ring of degeneratin A lesion called a plaque in the brain of an individual with Alzheimer disease. A ring of degeneratin
Video: SNP Polymorphysim Microarray Chip - How to Test a Person's DNA

For a complete list of videos, visit our video library