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In Figure Below, What Is True About the Two Jobs

Question 132

Multiple Choice

In figure below, what is true about the two jobs? 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.


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.

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