Business, 19.10.2021 02:20 shermaine17
EMV criterion provides a rational way of making decisions Group of answer choices under all circumstances. when there is one outcome. at least when the monetary payoffs and costs are of "moderate" size relative to the decision maker's wealth. at least when the monetary payoffs and costs are large relative to the decision maker's wealth.
Answers: 1
Business, 22.06.2019 03:00, oliviaberta91
What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real
Answers: 3
Business, 22.06.2019 11:10, takaralocklear
An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value
Answers: 2
Business, 22.06.2019 18:00, firesoccer53881
If you would like to ask a question you will have to spend some points
Answers: 1
EMV criterion provides a rational way of making decisions Group of answer choices under all circumst...
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