Pirates Have Been Intensely Attacking Ships Off the Shore of Somalia

question 168

Multiple Choice

Pirates have been intensely attacking ships off the shore of Somalia this year. Boat owners have reportedly coughed up more than $30 million in ransom and insurance premiums have shot up. The pirate activity means that the expected utility of wealth of risk averse boat owners who do NOT have insurance and sail near Somalia is

• A) increasing.
• B) decreasing.
• C) staying the same.
• D) not able to be determined without knowing the extent of risk aversion.

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Definitions:

Lateral Bone

is not a recognized specific anatomical term for a single bone; the term may refer to any bone located on the side part of a body or limb. NO.

Forearm

The part of the arm located between the elbow and the wrist; it contains two major bones, the radius and ulna.

Radius

One of the two large bones in the forearm, positioned on the side of the thumb, important for wrist and arm movement.

Upper Limb

The part of the human body extending from the shoulder to the hand, including the arm, forearm, and hand.