When a reward might not occur, economists incorporate the uncertainty by multiplying the reward by a:
A) positive factor more than 1.
B) positive factor less than 1.
C) negative factor more than -1.
D) negative factor less than -1.
B
Economics
You might also like to view...
________ motivates charitable giving because of selfish reasons, such as the appearance of generosity
A) Pure altruism B) Impure altruism C) Consumerism D) Rationalism
Economics
To maintain a monopoly, a firm must have
A) an insurmountable barrier to entry. B) a perfectly inelastic demand. C) few competitors. D) marginal revenue equal to demand.
Economics