An individual will be considered risk neutral if:
a. he is indifferent between taking and not taking up the gamble.
b. he pays someone to take away the gamble from him.
c. he pays someone to allow him to take the gamble.
d. he takes up the gamble under any situation.
A
You might also like to view...
The dawning of the computer age in the latter part of the 20th century created a new and massive growth spurt in the United States that illustrates what some economists describe as the
a. real growth theory b. accelerator phenomenon c. start of an innovation cycle d. interaction of the multiplier and accelerator e. Adam Smith economic growth theory
An increase in the number of producers will:
A. increase the market supply, because the price will rise. B. increase the market supply only when market demand increases too. C. increase the market supply, because market supply is the sum of all individual supply curves. D. increase the market supply only if each supplier has an identical supply curve.