Answer:
option 2) smaller
As CE is the amount which if the agent gets with certainty, then agent will be indifferent between playing lottery or getting that amount with certainty
So L2 is more risky, & agent is risk averse, so agent will be ready to accept a lower amount with certainty ( as compared to the amount for a safer option : L1)
So CE of L2 will be lower
<span>Unlike niche-oriented shopping bots, broad-based shopping bots: operate using a Yellow Pages type of model.
Niche-oriented shopping bots, stick to their customer base, their "niche". Your niche is a place or position that you live in, grow and thrive in. Each person has a niche, and likewise, so do businesses. Something that is broad-based and focuses using a Yellow Pages type deal, is trying to reach a large spectrum of people for their product.
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The Consumption equals to $75 billion.
<h3>What is the consumption?</h3>
In National Income, it means the amount spent for purchasing consumer goods and services including durable, non-durable goods.
Consumption = durable goods + nondurable goods + services
Consumption = $10 billion + $40 billion + $35 billion on services.
Consumption = $75 billion
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The statement "The process cost summary presents calculations of the cost of units completed during the reporting period, but does not present any information about the ending goods in process inventory" is False
Explanation:
An overview of the cost of the process is a manufacturing report which shows the costs, generated units and the cost for production models of a department. This report, in other words, summaries all of the department or process ' manufacturing activities.
The specific production processes and related expenses must first be established to assess a cost of production in a process costing system. The total costs per process over the duration must be calculated by the amount of units produced during that time until processes and expenses are recognised.
Here is the answer. The largest royalty for Texas university endowment comes from the economic product which is Oil and Gas. <span>In recent times, the oil and gas royalties created one of the largest university endowments for all University of Texas and Texas A&M schools. Hope this helps.</span>
