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    Exam 15: Making Decisions With Uncertainty
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    ​At a Fair Carnival Roulette Wheel,a Player Can Either Win
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​At a Fair Carnival Roulette Wheel,a Player Can Either Win

Question 19

Question 19

Multiple Choice

​At a fair carnival roulette wheel,a player can either win $10,$30,or $80.Assuming a rational player,how much should the game owner charge the player,to maximize his own profit?


A) ​$30
B) $40
C) $50
D) ​$80

Correct Answer:

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