Answer:
The first reason why people are willing to pay so much less or lower than the expected value is due to the uncertainty of flipping a heads. Heads may never be flipped.
The Second reason they are willing to pay so much less or lower is because the expected value will rarely reach over $10 because player would have to make it to the 5th flip in order to recoup their investment in which most of the players are unwilling and ready to take that risk.
Explanation:
Saint Petersburg Gambles
The first reason why people are willing to pay so much less or lower than the expected value is due to the uncertainty of flipping a heads. Heads may never be flipped.
The Second reason they are willing to pay so much less or lower is because the expected value will rarely reach over $10 because player would have to make it to the 5th flip in order to recoup their investment in which most of the players are unwilling and ready to take that risk.
Answer:
If the present bus is repaired, the present value of the annual cash operating costs associated with this alternative is calculated as follows;
Rural or nation-state locations are the ones in mare far off + much less densely populated via evaluation Very faraway Rural areas include three percent of the populace, however cowl nearly 1/2 of the land place.
A rural area is an open swath of land that has few homes or different buildings, and now not very many people. A rural region's populace density may be very low. Many humans live in a town or urban area. Their homes and companies are placed very close to one another.
In keeping with the modern delineation, released in 2012 and primarily based on the 2010 decennial census, rural areas include open USA and settlements with fewer than 2,500 residents. urban regions comprise larger places and densely settled areas around them. urban regions do not necessarily observe municipal limitations.
A rural area is an open swath of land that has few homes or different buildings, and not very many human beings. A rural area's populace density is very low. Many people stay in a metropolis or urban vicinity. Their houses and corporations are placed very near each other.
Learn more about rural areas here: brainly.com/question/16927480
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Answer:
Find the explanation below.
Explanation:
Philanthropy is the act of giving of material resources to promote a noble cause. From the heading "Salesforce's 1+1+1 Integrated Philosophy", we learn about a Company named Salesforce who allocated a percentage of its profit to charitable causes.
1. Evidence of contributions of cash can be seen in its donation of up to $200 million to charitable courses.
2. Contributions in-kind products or services can be seen in the event where the staff of the company rebuilt the website of the Redcross society during Hurricane Harvey in 2017.
3. Contribution through employee time is seen from the fact that the company gives its employees 7 days paid leave to volunteer in schools where they teach children website development.
