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Llanis Llanis
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6 years ago
Which of the following games involving the roll of a single die is a fair bet?
A) Bet $1 and receive $1 if 3 or 4 comes up.
B) Bet $1 and receive $1 if 3, 4, or 5 comes up.
C) Bet $1 and receive $4 if 6 comes up.
D) None of the bets is a fair bet.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
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6 years ago
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