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(Figure: Utility and Income) Suppose That Sara Has an Income

Question 10

Multiple Choice

(Figure: Utility and Income) Suppose that Sara has an income of $80,000 but if her business burns down, her income drops to $20,000. (Figure: Utility and Income)  Suppose that Sara has an income of $80,000 but if her business burns down, her income drops to $20,000.   The probability that Sara's business will burn down is ____%. A)  66.67 B)  33.33 C)  50 D)  20 The probability that Sara's business will burn down is ____%.


A) 66.67
B) 33.33
C) 50
D) 20

Correct Answer:

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