Business
Business, 04.11.2019 00:31, ogjigglypuff

Sharon is given two options. option 1 allows her to take $5. option 2 allows her a 1/3 chance of winning $50, but she risks losing $10, 2/3 of the time. sharon chooses option 1. what best describes sharon?

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Business, 19.07.2019 18:20, chem1014
18. the highest value for the equally likely criterion is ; this occurs with alternative states of nature alternatives s1 s2 option 1 $10,000 $30,000 option 2 $5,000 $45,000 option 3 $-4,000 $60,000 a) $20,000; option 1 b) $25,000; option 2 c) $28,000; option 3 d) $32,000; option 3 e) $60,000; option 3
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Business, 06.11.2019 22:31, ReaganS4
Barb’s aunt gave her $100 for her birthday with the condition that barb buy herself something. in deciding how to spend the money, barb narrows her options down to four choices: option a, option b, option c, and option d. each option costs $100. finally she decides on option b. the opportunity cost of this decision is a. the value to barb of options a, c and d combined. b. $100. c. the average of the values to barb of options a, c, and d. d. the value to barb of the option she would have chosen had option b not been available.
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Sharon is given two options. option 1 allows her to take $5. option 2 allows her a 1/3 chance of win...

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