The Individual Pictured in Figure 5.2.2

question 98

Multiple Choice

The individual pictured in Figure 5.2.2:

• A) prefers a 50% chance of $100 and a 50% chance of $50 to a sure $75.
• B) would receive a utility of 300 from a 50% chance of $100 and a 50% chance of $50.
• C) would receive a utility of 300 from a sure $75.
• D) would receive a utility of 250 from a sure $75.
• E) is one for whom income is a measure of well-being.

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Definitions:

Terminal Moraine

A moraine deposited at the point of furthest advance of a glacier or ice sheet, marking its maximum extent.

Kettle

A pitlike depression in glacial deposits, commonly a lake or swamp; formed by the melting of a large block of ice that had been at least partly buried in the glacial deposits.

Coastal Dunes

Sand formations located near coastlines, formed by the wind's movement of sand.

Shorelines

The boundary line between land and a body of water, such as a sea, lake, or river.