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  3. Study Set
    The Economic Analysis of Public Policy
  4. Exam
    Exam 9: Risk and Uncertainty
  5. Question
    Quasi Option Value Is the Maximum a Person Would Pay
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Quasi Option Value Is the Maximum a Person Would Pay

Question 5

Question 5

Multiple Choice

Quasi option value is the maximum a person would pay for new information that reduces


A) risk
B) probability of losing any money
C) uncertainty
D) expected value

Correct Answer:

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