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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Answer:
A) Increased social unity.
The reason for this was because having slaves was cheaper for factory owners and produce owners compared to having people who they would actually pay, which in turn made them earn more money.
And because the people from England who represented workers' rights weren't present in their colonies, they didn't know nor had access to knowledge on the misstreatment of these workers and couldn't help them for that reason.
<span>ehaviors are certain behaviors that violate Socially acceptable behaviors but may not cause harm to others</span>