Solved

If Given the Choice of One of the Four Alternatives

Question 52

Multiple Choice

If given the choice of one of the four alternatives listed, which of these will the rational person choose?


A) 90 percent opportunity to gain $100
B) 50 percent opportunity to gain $1,000
C) 40 percent opportunity to gain $2,000
D) 10 percent opportunity to gain $4,000

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions