The above table provides the probability distribution of price of an input next year in Country A and Country B.
-Refer to the table above. The expected value of the price of the input in Country A is_______ the expected value of the input in Country B and the extent of the variation in price in Country A is than the extent of variation in price in Country B.
Definitions:
Neurotoxicants
Substances that are poisonous or harmful to the nervous system, potentially causing damage to nerve tissue.
Birth Defects
Abnormalities of structure, function, or metabolism present at birth that result in physical or mental disability or are otherwise harmful to the individual.
Mercury
A naturally occurring heavy metal and chemical element known as Hg on the periodic table, which is liquid at room temperature and can be toxic to humans and the environment.
Material Safety Data Sheet
A document that provides information on the properties of hazardous chemicals, and instructions for safe handling and emergency measures in case of exposure.
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