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Adam and Jon are the only players playing in a local golf tournament.They can either practice for 5 hours or not practice at all.Practice has both direct monetary costs and opportunity costs.Their scores for an 18-hole round of golf with and without practice are shown in the table.Total prize money is $12,000.Two possible reward structures exist.In Plan A,the low score wins $10,000,second place wins $2000,and a tie results in $6000 each.Plan B requires a player to score 71,or less,for first place,72 to 80 is considered second place.The $10,000 will be split between those with a 71 or lower score,with a guaranteed minimum of $2000.The $2000 for second will be split between those with a score between 72 and 80.
-Refer to the information above.Adopting Plan B as the reward structure results in
Genetic Risk Factors
Heritable traits that increase an individual's likelihood of developing a disease or condition.
Serum Cholesterol
A measure of the total amount of cholesterol in the blood, including low-density lipoprotein (LDL) and high-density lipoprotein (HDL), important for assessing cardiovascular health.
Cigarette Smoking
The act of inhaling and exhaling the smoke of burning tobacco contained in cigarettes, which is a known health hazard.
Ethnic Minorities
Groups of people who differ in race or ethnicity from the majority population of a country or region.
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