Answer:
A) CE(X) > CE(Y) is the correct answer.
Explanation:
Solution:
Correct Answer is A) CE(X) > CE(Y)
Because:
1. First of all, we are given that Pierce has a concave utility of wealth function u(x) which means Pierce is a kind of person who does not prefer taking risk.
2. Secondly, we are given that he prefers prospect X to Prospect Y.
3. Thirdly, Pierce will always make sure that Certainty Equivalent should be higher than others as Pierce does not want to take risks.
4. Lastly, he prefers X to Y so, he will make sure CE(X) must be greater than CE(Y) .
Hence,
A) CE(X) > CE(Y) is the correct answer.
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Below are the choices:
A) Human resources
B) Research and development
C) Firm infrastructure
<span>D) Operations management
</span>
Firm infrastructure includes general management, finance, accounting, legal, and government affairs. the answer is C.
Answer: See explanation
Explanation:
Here's the complete question:
Ruth is taking ASVAB exam. Match each question with the correct section
Arithmetic Reasoning
Electronics Information
General Science
Question
Section
How is an object's weight related to its
mass?
How many 44-passenger buses will it
take to carry 100 people?
What does a transformer do?
Arithmetic Reasoning - How many 44-passenger buses will it take to carry 100 people?
Electronics Information - What does a transformer do?
General Science - How is an object's weight related to its mass?
Managing your finances is a daily activity for financial wellbeing.
set up a bill payment system on your computer in your checking account.
develop a budget that allows you to pay yourself monthly.