A Farm Owner Could Hire Either Migrant Workers or Local

question 14

Multiple Choice

A farm owner could hire either migrant workers or local teenagers who need summer employment.His profits depend on the growing season as shown below.Using the maximax approach, the farmer would ________________________ .

• A)hire migrant workers if the growing season is good
• B)hire teenagers
• C)not do any extra hiring
• D)hire migrant workers
• E)not do any extra hiring if the growing season is good

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Definitions:

Personality

The fusion of characteristics that outline an individual's distinctive personality.

Trait

A characteristic or quality that defines or distinguishes a person or thing.

Optimistic

Having a hopeful or positive outlook on the future, expecting the best possible outcome in any given situation.

Impulsive

Acting suddenly on instinct or emotion without premeditated thought, often leading to unintended consequences.