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    Principles of Microeconomics
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    Exam 17: Uncertainty and Asymmetric Information
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    Consider the Following Game
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Consider the Following Game

Question 60

Question 60

Multiple Choice

Consider the following game. You roll a six-sided die and each time you roll a 1, you get $50. For all other outcomes you pay $10. The expected value of the game is


A) -$10.
B) $0.
C) $10.
D) $50.

Correct Answer:

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