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alukav5142 [94]
2 years ago
9

Joe is risk averse. joe is about to flip a fair coin and will receive $400 if it comes up heads and owe $200 if it comes up tail

s. would joe accept $100 in lieu of the coin toss?
Business
1 answer:
MrRissso [65]2 years ago
4 0

Joe is risk averse so joe would accept $100 instead of the coin toss. Joe is about to flip a fair coin and will receive $400 if it comes up heads and owe $200 if it comes up tails.

<h3>What Is Risk Averse? </h3>

The term risk-averse describes the investor who chooses the preservation of capital over the potential for a higher-than-average return. In investing, risk equals price volatility. A volatile investment can make you rich or devour your savings.

<h3>What are risk-averse and risk-seeking?</h3>

Risk-seeking confers a high degree of risk tolerance or the number of potential losses an investor is willing to accept. In contrast with risk-seeking investors, risk-averse investors seek low-risk investments and are willing to accept a lower rate of return because of the desire to preserve capital.

To learn more about Risk Averse visit the link

brainly.com/question/15169997

#SPJ4

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During the busiest season of the year, your customer support center receives a higher call volume than planned. However, you can
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B will be the most efficient while keeping everyone happy
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3 years ago
the money supply decreases when the fed sells treasury bonds. the smaller the reserve requirement, the larger the decrease will
Dmitriy789 [7]

The smaller the reserve requirement, the larger the decrease will be in required reserves.

<h3>What is the reserve requirement?</h3>

The reserve requirement is the percentage of consumer's deposits that are kept as reserves with the Central Bank. The reserve requirement is determined by the reserve ratio.

When the Fed sells treasury bonds, money supply decreases. This is known as a contractionary monetary policy.

To learn more about reserve requirement, please check: brainly.com/question/25812353

5 0
3 years ago
research the telemedicine industry and describe two companies offering services . what are the pros and cons of offering medical
Anastasy [175]

Answer:

Telemedicine is a tool that is used for medical information change from one area to another area through electronic communications fro the improvement of clinical health status of the patient.

The Two companies that offers Telemedicine are CC and CADo

CC it involves practicing physicians that are board certified to provide various range of Telemedicine services around the world. some services that CC cover s are primary care, home care, urgent care.

CADo refers to a service that assist in connecting patient with related doctors via phone and online. this company is specialized to offer basic medical services which does not require visits in person.

The pros of Telemedicine are that,(1) it helps patient to save health care costs (2) It increases patient engagement.

The cons are (1) It requires equipment and technical training. (2)It reduces in persons interactions with the related doctors.

Yes there are some governmental or industrial rules for Telemedicine industry. it helps this industry to broaden their traditional practice of medicine towards outside the wall of a typical medical practice.

Explanation:

Solution

Telemedicine is a technique that is used for medical information interchange from one area to another area through electronic communications for the improvement of clinical health status of the patient.

Telemedicine has a variety of growing applications and services that uses email, two way videos, wireless tools, smart phones and other types of telecommunication technology.

Two companies that offers Telemedicine is given below:

(1) CC: CC was established in the year 2010. it works with practicing physicians that are board certified to provide various range of Telemedicine services around the world. some services that CC cover s are primary care, home care, urgent care.

(2) CADo : It is a service that helps to connect patient  with doctors though phone and online. this company is specialized to offer basic medical services which does not require visits in person

Pros and Cons of Telemedicine is as follows:

Pros:

  • It is more accessible and convenient health care for the patients
  • It helps patient to save health care costs
  • It increases patient engagement
  • It provide better quality of patient care

Cons:

  • It requires equipment and technical training
  • It reduces in persons interactions with the related doctors
  • In this service come Telemedicine models reduce care continuity

Yes there are some governmental or industrial guidance for Telemedicine industry. it helps this industry to extend their traditional practice of medicine towards outside the wall of a typical medical practice.

4 0
4 years ago
Papau New Guinea has a trade deficit of $1500 billion, private savings of $3000 billion, and a government budget deficit of $300
Neporo4naja [7]

Answer:

$1,500 billion

Explanation:

Data provided in the question:

Trade deficit = $1500 billion

Private savings = $3,000 billion

Government budget deficit = $3,000 billion

Now,

The value of private investment will be

= Private savings + Trade deficit  - Government budget deficit

= $3,000 billion + $1,500 billion - $3,000 billion

or

The value of private investment = $1,500 billion

5 0
3 years ago
What does "Implement" mean in the Engineering Process
CaHeK987 [17]
Implementation is basically the carrying out, execution, or practice of a plan, a method, or any design, idea, model, standard or policy for doing something.
3 0
3 years ago
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