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corie corie
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6 years ago
Refer to Scenario 5.6.  If the doctor is risk-averse, she would accept
A) $50,000 for sure rather than take the risk of being a researcher.
B) $60,000 for sure (the minimum HMO outcome) rather than take the risk of being a researcher.
C) $95,000 for sure rather than face option 1 and option 2 in research.
D) $275,000 for sure (the average of option 1 and option 2 in research), but not less, rather than face the risk of those two options.
E) the research position because it has the highest possible income.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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6 years ago
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#2
3 years ago
thank you
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