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Other Fields Homework Help Economics Topic started by: Rken on Jun 27, 2017



Title: Consider the following game. You roll a six-sided die and each time you roll a 6, you get $30. For ...
Post by: Rken on Jun 27, 2017
Consider the following game.  You roll a six-sided die and each time you roll a 6, you get $30.  For all other outcomes you pay $6.  The $30 when you "win" and the -$6 when you "lose" are called ________.
A) incentives
B) tradeoffs
C) expected values
D) payoffs


Title: Re: Consider the following game. You roll a six-sided die and each time you roll a 6, you get $30. ...
Post by: goldlilys on Jun 27, 2017
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