Suppose Brandon's benefit function for water is S(W) = W2. Brandon is:
A. risk averse.
B. risk neutral.
C. risk loving.
D. There is not enough information to answer this question.
C. risk loving.
You might also like to view...
When the interest rate falls, the
A. transactions demand for money increases. B. total amount of money demanded decreases. C. asset demand for money decreases. D. total amount of money demanded increases.
The process by which a quantity grows at a constant proportion in every time period is referred to as:
A) logarithmic growth. B) linear growth. C) vector growth. D) exponential growth.
If imports of Japanese automobiles are restricted, prices of U.S-made automobiles in the United States will be higher than they would otherwise be
Indicate whether the statement is true or false
Exports minus imports equals net exports.
a. true b. false