Figure 12-1
Joe Bloggs is considering the following three alternatives that are estimated to yield the following potential monetary benefits: It is estimated that all of the outcomes are equally likely.
-Refer to Figure 12-1. Assume that Joe is a risk seeker. Which alternative is Joe likely to choose?
A) Alternative A
B) Alternative B
C) Alternative C
D) He will be indifferent between the three alternatives.

Question

Figure 12-1
Joe Bloggs is considering the following three alternatives that are estimated to yield the following potential monetary benefits:  It is estimated that all of the outcomes are equally likely.
-Refer to Figure 12-1. Assume that Joe is a risk seeker. Which alternative is Joe likely to choose?
A) Alternative A 
B) Alternative B 
C) Alternative C 
D) He will be indifferent between the three alternatives.

Quizplus · Accepted Answer

The Answer of Figure 12-1
Joe Bloggs is considering the following three alternatives that are estimated to yield the following potential monetary benefits:  It is estimated that all of the outcomes are equally likely.
-Refer to Figure 12-1. Assume that Joe is a risk seeker. Which alternative is Joe likely to choose?
A) Alternative A 
B) Alternative B 
C) Alternative C 
D) He will be indifferent between the three alternatives.

Figure 12-1 Joe Bloggs Is Considering the Following Three Alternatives That Are