-Gunnar Can Work as a Campus Security Officer at a Guaranteed

question 232

Multiple Choice

-Gunnar can work as a campus security officer at a guaranteed salary of $20,000 per year or as a real estate agent. If Gunnar works as a real estate agent, there is a 50 percent chance that he will earn $10,000 per year and a 50 percent chance that he will earn $30,000 per year. Based on the table above, Gunnar's expected utility if he works as a real estate agent is

• A) 170.
• B) 85.
• C) 20.
• D) 90.

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Definitions:

Adverse Effect

Unwanted, negative consequences associated with the use of a medical treatment or medication.

Niacin

A B-vitamin essential for the metabolism of carbohydrates and fats, also known as Vitamin B3.

Adverse Effects

Unintended, harmful outcomes or side effects resulting from medication or treatments.

Poisoning

The condition of becoming ill or experiencing harmful effects because of substances that are toxic or dangerous when ingested, inhaled, or come into contact with the body.