Answer: the winnings are reduced
Step-by-step explanation:
Given 10 percent chance to win $1,000 for $100. That is
Gain = $900
Assuming diminishing marginal utility of dollars, when the utility of the gain and the money used for bet are considered, it is discovered that the utility of the $100 used to make the bet is greater than the $900 that you might gain if you win the bet.
this is not a fair bet in terms of utility because the winnings are reduced.
M+3/M-3
I hope this helped
Answer:
Step-by-step explanation:
First cross multiply:
2(x+2)=2x-2
Then Simplify:
2x+4=2x-2
Finally, Solve:
2x-2x=4+2
Ans: No Solution
Answer:
Building A is taller. it is around 50.34 feet taller than building B
Step-by-step explanation:
Refer the attached figure
We are given that Kayson is looking at two buildings,building A and building B, at an angle of elevation of 40°.
Building A is 120 feet away.
BC =120 feet
Building B is 60 feet away.
BE= 60 feet
In ΔABC
In ΔDBE
50.34=DE
Difference between their heights=100.68-50.34=50.34
So, Building A is taller. it is around 50.34 feet taller than building B