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corie corie
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6 years ago
Blanca would prefer a certain income of $20,000 to a gamble with a 0.5 probability of $10,000 and a 0.5 probability of $30,000.  Based on this information:
A) we can infer that Blanca neutral.
B) we can infer that Blanca is risk averse.
C) we can infer that Blanca is risk loving.
D) we cannot infer Blanca's risk preferences.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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#1
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6 years ago
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corie Author
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6 years ago
Just got PERFECT on my quiz
fxinternational
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Yesterday
Smart ... Thanks!
Ifekwunigwe
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2 hours ago
This site is awesome
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