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Other Fields Homework Help Economics Topic started by: Satsume on Oct 24, 2017



Title: Use the following statements to answer this question:I.Subjective probabilities are based on ...
Post by: Satsume on Oct 24, 2017
Use the following statements to answer this question:
I.   Subjective probabilities are based on individual perceptions about the relative likelihood of an event.
II.   To be useful in microeconomic analysis, all interested parties should agree on the values of the relevant subjective probabilities for a particular problem.
A) I and II are true.
B) I is true and II is false.
C) II is true and I is false.
D) I and II are false.


Title: Re: Use the following statements to answer this question:I.Subjective probabilities are based on ...
Post by: boransal on Oct 24, 2017
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