An investment opportunity has two possible outcomes, and the value of the investment opportunity is $250. One outcome yields a $100 payoff and has a probability of 0.25. What is the probability of the other outcome?
A) 0
B) 0.25
C) 0.5
D) 0.75
E) 1.0
D
Economics
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A small, one-unit change in value is called a marginal change
Indicate whether the statement is true or false
Economics
In the United States, income taxes are ________
A) regressive B) progressive C) proportional D) marginal
Economics
When private companies offer health insurance to their employees the insurance carrier they contract with typically requires that all employees be obligated to participate and pay premiums whether they wish to or not
What problem is the health insurance company trying to avoid? How does this policy mitigate this problem?
Economics
If a nation imports more than it exports, then its net exports are:
a. positive. b. negative. c. zero. d. unstable.
Economics