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A Farm Owner Has Three Possible Hiring Decisions

Question 19

Multiple Choice

A farm owner has three possible hiring decisions.His profits depend on the growing season as shown below.If the probability of a good growing season is 0.75.The return to risk ratio for hiring migrant workers is ________________________ .
A farm owner has three possible hiring decisions.His profits depend on the growing season as shown below.If the probability of a good growing season is 0.75.The return to risk ratio for hiring migrant workers is ________________________ . A) 8.40 B) 4.05 C) 2.89 D) 0.346 E) None of the above.


A) 8.40
B) 4.05
C) 2.89
D) 0.346
E) None of the above.

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