Imagine That There Are Two Countries, Home and Far Far

question 16

Multiple Choice

Imagine that there are two countries, Home and Far Far Away, and that residents of each own only one asset, domestic land yielding an annual harvest of mangoes. Assume that the yield on the land is uncertain. Half the time, Home's land yields a harvest of 5,000 tons of mangoes at the same time as Far Far Away's land yields a harvest of 2,500 tons. The other half of the time the outcomes are reversed. The average for each country mango harvest is

• A) 2500.
• B) 2750.
• C) 3500.
• D) 3750.
• E) 3000.

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Definitions:

Irrelevant Information

Information that does not pertain to the current context or situation, lacking importance or relevance.

Sensory

Sensory relates to the senses or sensation, involving the reception and processing of visual, auditory, olfactory, tactile, and taste information.

Trace

To follow, study, or monitor the course or path of something; also pertains to a very small amount or indication of something.

Working

Engaging in physical or mental activity in order to achieve a purpose or result, typically in a job or profession.