Answer:
TRUE! HOPE THIS HELPS! :)
Explanation:
Answer: See explanation
Explanation:
a. What is the expected value of his investment?
Based on the information given, this will be:
= (0.29 x $26000) + (0.35 x $20000) + (0.36 x $14000)
= $7540 + $7000 + $5040
= $19580
b. What should the investor do if he is risk neutral?
If the investor is risk neutral, then he should invest $20000.
c. Is the decision clear-cut if he is risk averse?
If the investor is risk averse, then it should be noted that he should not invest $20000 since the expected value of the investment will be lesser than its investment. In this case, the decision isn't clear cut if he's risk averse.
Injurious consumption is negative in nature and not good at all for a person.
Utilizing resources to meet immediate needs and desires is known as consumption. It is contrasted with investing, which entails making purchases in order to acquire future revenue. Consumption is a key idea in economics and is also explored in a wide range of social sciences. Consumption is defined differently by various economic schools. Mainstream economists believe that only the final purchase of newly produced goods and services by individuals for immediate use qualifies as consumption; all other types of expenditure, including government spending, fixed investment, and intermediate consumption, are classified as separate categories (see Consumer choice). Many other economists define consumption as the whole of all economic activity that does not involve the creation, manufacturing, or selling of products and services.
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Answer:
increase
Explanation:
it will give you more time to react if there is a problem, if you break it is more likely your car will slide if the weather is bad, so if the following distance is increased you can break and not rear end someone. and if traffic is bad and someone makes a sudden stop you could hit them, so keeping distance between you and the person infront of you is safer
Answer:
a person who sets up a business or businesses, taking on financial risks in the hope of profit.
