The statement is true that the state of Arizona can sue the state of California over Colorado river water to the United States Supreme Court and can hear the case for the first time. In fact there was a case that happened in 1982 and was decided on 1983.
Answer:
There is no established convention for the designation of "developed" and "developing" countries or areas in the United Nations system.
It combines the salt water with the fresh water
Expected Utility Theory suggest that all alternatives can be rank-ordered from worst to best and that alternatives with highest expected values should be preferred.
Expected Utility Theory is a popular concept in economics that serves as a reference guide for decisions when the pay-off is uncertain. The theory recommends which option rational individuals should choose in a complex situation based on their risk appetite and preferences.
The expected utility hypothesis states an agent chooses between risky prospects by comparing expected utility values.
Although the expected utility hypothesis is standard in economic modelling, it has been found to be violating in psychology experiments.
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