1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natita [175]
3 years ago
9

For a risk averse person, a. the pleasure of winning $1,000 on a bet exceeds the pain of losing $1,000 on a bet. b. the pain of

losing $1,000 on a bet exceeds the pleasure of winning $1,000 on a bet. c. the utility function exhibits the property of increasing marginal utility. d. the utility function gets steeper as wealth increases.
Business
1 answer:
kompoz [17]3 years ago
8 0

Answer:

B. the pain of losing $1,000 on a bet exceeds the pleasure of winning $1,000 on a bet.

Explanation:

A risk averse person is an individual or person rather who prefers lower returns with known risk than higher returns with unknown or higher risks. In this case, the individual prioritizes preservation of capital at hand over the potential of a more than average return. In this scenario, for a risk averse individual, the pain of losing $1,000 on a bet exceeds the pleasure of winning $1,000 on a bet based on the high uncertainty attached to winning the $1000 bet.

You might be interested in
Maroon hotels inc. is using the behaviorally anchored rating scale (bars) method of employee performance appraisal. what is the
choli [55]
<span>The advantage of using BARS method </span>is not requiring separate appraisal forms for different jobs. Behaviorally Anchored Rating Scale is collating the qualitative and quantitative data to give further explanation on a certain individual's rating and the corresponding behavior towards that rating.
8 0
3 years ago
Read 2 more answers
A business' last line of defense against risks that cannot be controlled or avoided by other risk management practices is this t
natima [27]

Answer: A business continuity plan

                           

Explanation: Business continuity planning refers to the procedure involved in creating a risk reduction and recovery scheme for a corporation from possible hazards.

The strategy helps to ensure the protection of management and resources and the ability to operate rapidly in the event of an emergency. The BCP is usually designed in ahead of time and includes insight from relevant parties and staff.

BCPs are an essential part of any undertaking. Threats and disturbances result in revenue shortfall and increased costs, resulting in a decline in productivity. And companies can not rely solely on insurance since it does not cover all the costs and the clients that move to the contest.

5 0
4 years ago
Who pays taxes in a corperation?
atroni [7]

Answer:

<em>Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax. For the assessment year 2014-15, domestic companies are taxed at the rate of 30%.</em>

Explanation:

<h3><em>I </em><em>hope</em><em> this</em><em> helps</em><em>!</em></h3>
7 0
2 years ago
Mr Chavez has assets of S250.000 and liabilities of $18 000 Hedecides to finance the entire amount of tho purchase of a carvalue
Scorpion4ik [409]
The right answer for the question that is being asked and shown above is that: "Mr Chavez did not increase his assets or his net worth."
<span>Mr Chavez has assets of S250.000 and liabilities of $18 000 Hedecides to finance the entire amount of tho purchase of a carvalued at S20000. That statement is true.</span>
3 0
3 years ago
Read 2 more answers
A management professor discovers a way for corporate management to operate more efficiently. He publishes his findings in a jour
patriot [66]

A management professor discovers a way for corporate management to operate more efficiently. He publishes his findings in a journal. His findings are common, but not proprietary, knowledge. Corporate management is a crucial component of running a business. It outlines the hierarchy of leadership positions.

The procedure for employees to follow when reporting to their superiors, and the method for rewarding employees for their efforts. Your team can thrive by comprehending corporate management and its function within a business or organization. In this article, we go through the definition and many forms of corporate management.

The stages involved in formulating a plan and advice for developing your own management style. Planning, directing, coordinating, and controlling a company's operations are all part of corporate management.

To learn more about corporate management, click here

brainly.com/question/12238916

#SPJ4

7 0
2 years ago
Other questions:
  • Angel's bank statement shows a closing balance of $109.22. There are no outstanding checks or deposits. Her checkbook shows a ba
    14·1 answer
  • A. Everyone benefits from street lighting, yet the marginal benefit to any one individual usually falls short of the marginal co
    6·1 answer
  • Which of the following policies should a country implement in an economic downturn to avoid a Paradox of Thrift?
    6·1 answer
  • Which of the following actions differentiates an entrepreneur from other small business owners?
    15·1 answer
  • Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries,
    9·1 answer
  • Rogue Drafting has debt with a market value of​ $450,000, preferred stock with a market value of​ $150,000, and common stock wit
    9·1 answer
  • Mark is approaching the implementation phase of the new asset management system (AMS). To test the system's viability and work o
    6·1 answer
  • In coffee, cherry picking, the process of ________picking is the practice of harvesting only the ripe coffee cherries.
    6·1 answer
  • Write short notes by Napier bone ​
    7·1 answer
  • within just a few years of its inception, uber was operating in more than 35 countries around the world. by moving into new mark
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!