A _____ is a decision maker who would choose a guaranteed payoff over a lottery with a better expected payoff
a. risk taker b. risk-neutral
c. risk avoider d. risk-creator
c
RATIONALE: A risk avoider is a decision maker who would choose a guaranteed payoff over a lottery with a better expected payoff.
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Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends: Year 1: $10,000 Year 2: 45,000 Year 3: 90,000 Determine the dividends per share for preferred and common stock for the third year
a. $4.50 and $0.25 b. $3.25 and $0.25 c. $4.50 and $0.90 d. $2.00 and $0.25
Comparing actual results with budgeted results on a periodic basis provides control in a budgetary system
Indicate whether the statement is true or false
Deciding whether a group of customers should be included in a target market is the purpose of ________ dimensions.
A. qualifying B. behavioral C. determining D. geographic E. demographic
Which term below describes a contract in which there is an unequal dollar consideration?
A) Commutative B) Aleatory C) Adhesion D) Unilateral