Multiple Choice
In figure below, what is true about the two jobs?
A) Job 1 has a larger standard deviation than Job 2.
B) All outcomes in both jobs have the same probability of occurrence.
C) A risk-averse person would prefer Job 2.
D) A risk-neutral person would prefer Job 1.
E) Job 1 has the same expected income as Job 2.
Correct Answer:

Verified
Correct Answer:
Verified
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