The following equation predicts demand (ModifyingAbove y with carety) for electric power (in megawatts) at N. Y. Edison using the straight-line trend method over time in years (x). Which statement best describes the slope (b)? ModifyingAbove y with carety=56.76 + 10.54x A. At time zero, demand for electric power at N. Y. Edison is 10.54 megawatts. B. Each year demand for electric power at N. Y. Edison increases by 56.76 megawatts. C. Each year demand for electric power at N. Y. Edison increases by 10.54 megawatts. D. At time zero, demand for electric power at N. Y. Edison is 56.76 megawatts.

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should

Petra contracted to paint bret’s house for $2,000. after beginning the job, petra realizes that the house is really quite big, and she’s not going to make enough profit, so she tells bret she wants another $500 to finish the job. bret doesn’t want to pay more, but he’s afraid that if she walks off the job, he’ll have trouble finding someone else to finish it, so he agrees. is bret legally obligated to pay the extra $500?

Your company is starting a new r& d initiative: a development of a new drug that dramatically reduces the addiction to smoking. the expert team estimates the probability of developing the drug succesfully at 60% and a chance of losing the investment of 40%. if the project is successful, your company would earn profits (after deducting the investment) of 9,000 (thousand usd). if the development is unsuccessful, the whole investment will be lost -1,000 (thousand usd). your company's risk preference is given by the expected utility function: u(x) v1000 +x, where x is the monetary outcome of a project. calculate the expected profit of the project . calculate the expected utility of the project . find the certainty equivalent of this r& d initiative . find the risk premium of this r& d initiative e is the company risk-averse, risk-loving or risk-neutral? why do you think so?