Answer: B. Nina will prefer L to M.
Explanation:
Convex utility of wealth function, u(x) is the risk-loving consumer having a a convex utility function, it's slope gets steeper as the wealth increases making the curvature of the utility function measuring the customer's attitude towards risk
Nina will prefer L to M as she has convex utility function as risk loving.
Answer:
A puttable bond.
Explanation:
According to the corporate finance institute, "A puttable bond (put bond or retractable bond) is a type of bond that provides the holder of a bond (investor) the right, but not the obligation, to force the issuer to redeem the bond before its maturity date. Puttable bonds are directly opposite to callable bonds."
A puttable bond (put bond, putable or retractable bond) has an embedded put option, giving the bondholder the right, but not the obligation, to demand early repayment of the principal, with the put option exercisable on one or more specified dates.
It is a kind of protection offered to investors so that they could "turn in their bonds to the issuer and get the value equal to the par value."
<span>He resisted identity foreclosure. In this part of self-discovery of a person's identity, the individual, usually in their late teenage years, has simply taken on the roles of their parents or friends without actually exploring other roles and identities. By going through an identity moratorium whereby they begin to question and explore their identities, only then can the individual have an identity achievement that is truly theirs.</span>
Unlike conventional mail, email can send your complaint
within minutes or seconds to the company.
This is the reason why use of email has become popular. The reaction to act on the complaint will
depend on the company. Sending an email
does not guarantee that they will act on it right away.
Answer: b) need for power.
Explanation:
Organizational politics are activities that people engage in to be able to further their personal interests even if these interests are not always in the best interest of the company itself.
To be able to further their interests, they need power and influence which means that the personal characteristic that fosters organizational politics is the need to have power.