Beat: I missed a question on my Economics Final b/c of gambler mindset

[tannenj]

B and C are the correct answers (not leveling). just because a person turns down a +ev gamble doesn't mean he/she is irrational.

[strongsauce]

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B and C are the correct answers (not leveling). just because a person turns down a +ev gamble doesn't mean he/she is irrational.

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Uhhh

a) You are irrational
b) You are risk-loving
c) You are risk-averse
d) You are risk-neutral.

You turn down the bet b/c you are risk loving and risk averse? How can b&c be correct.

[testaaja]

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Worst questions ever. Some professors are fking retarded.

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[Hundrye]

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B and C are the correct answers (not leveling). just because a person turns down a +ev gamble doesn't mean he/she is irrational.

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Uhhh

a) You are irrational
b) You are risk-loving
c) You are risk-averse
d) You are risk-neutral.

You turn down the bet b/c you are risk loving and risk averse? How can b&c be correct.

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He means #1= B #2=C

[strongsauce]

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B and C are the correct answers (not leveling). just because a person turns down a +ev gamble doesn't mean he/she is irrational.

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Uhhh

a) You are irrational
b) You are risk-loving
c) You are risk-averse
d) You are risk-neutral.

You turn down the bet b/c you are risk loving and risk averse? How can b&c be correct.

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He means #1= B #2=C

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But that would make too much sense! (oops)

[Jago]

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Worst questions ever. Some professors are fking retarded.

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I'm assuming(?) not all the questions were this easy. Sometimes lecturers set a few easy questions so people don't feel like dropkicks.

[PocketElevens]

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2) Refer to the previous question. Suppose you turn down the gamble I offer you. From this, I can conclude that
a) You are irrational
b) You are risk-loving
c) You are risk-averse
d) You are risk-neutral.

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You can't conclude any of that because someone turned the bet down.

Let's say Aba and Sammy where in the middle of thier heads up match, and I walked up with a deck of cards and inturpted them with this bet proposition.

Which option is the reason they tell me to [censored] off?

[NoahSD]

Econ 101 Final:

1) Which of the following is money?

a)

b)


c)


d)

[BarryLyndon]

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Econ 101 Final:

1) Which of the following is money?

a)

b)


c)


d)


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B and C.

Barry

[matt85]

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How is "E" not the answer to #1?

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Bankroll issues/risk of ruin?

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Correct.