Melanie Must Choose Between Two Jobs

question 13

Multiple Choice

Melanie must choose between two jobs. With job A, there is a 10% chance of earning $60,000 per year and a 90% chance of earning $50,000. With job B, there is a 50% chance of earning $46,000 and a 50% chance of earning $56,000. If Melanie is risk neutral (U(W) = W) , which job will she choose?

• A)she is indifferent between the two jobs
• B)job A
• C)job B
• D)her preferences violate the axioms of expected- utility theory.

Examine various theories explaining the causes and nature of collective behavior and action.

Understand the evolution of sociological terminology from "collective behavior" to "collective action" and its implications.

Recognize the role of political opportunities, resource mobilization, and social control in shaping collective action.

Analyze the impact of social and political environments on the probability and nature of protests and collective violence.

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Definitions:

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PivotTable

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