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.

Question

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.

Quizplus · Accepted Answer

The Answer of 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 Farm Owner Has Three Possible Hiring Decisions