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    Exam 20: Uncertainty and Information
  5. Question
    Expected Wealth Is a Weighted Average in Which the Weights
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Expected Wealth Is a Weighted Average in Which the Weights

Question 2

Question 2

Multiple Choice

Expected wealth is a weighted average in which the weights are


A) average utilities.
B) marginal utilities.
C) total utilities.
D) probabilities.

Correct Answer:

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