(Figure: Utility and Income) Suppose That Sara Has an Income

question 105

Multiple Choice

(Figure: Utility and Income) Suppose that Sara has an income of $80,000 but if her business burns down, her income drops to $20,000. The probability that Sara's business will burn down is ____%.

• A) 66.67
• B) 33.33
• C) 50
• D) 20

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Definitions:

Self-Efficacy

The belief in one's own ability to successfully accomplish tasks and goals, which is crucial for motivation and performance in various aspects of life.

Traditionally Male Occupations

Jobs and careers that have historically been dominated by men, often due to societal norms and stereotypes.

Self-Efficacy

An individual's confidence in their capacity to achieve success in particular scenarios or complete a given task.

Personal Deficiencies

The perceived or actual lacks in personal skills, abilities, or attributes that can hinder one's well-being or achievements.