Figure 9-2

question 133

Multiple Choice

Figure 9-2. The figure shows a utility function for Mary Ann.

-Refer to Figure 9-2. Suppose Mary Ann begins with $1,050 in wealth. Which of the following coin-flip bets would she definitely not be willing to accept?

• A) If it is "heads," she wins $100; if it is tails, she loses $95.
• B) If it is "heads," she wins $150; if it is tails, she loses $150.
• C) If it is "heads," she wins $150; if it is tails, she loses $140.
• D) She definitely would not accept any of these bets.

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Definitions:

White Privilege

The societal advantages that benefit people identified as white beyond what is commonly experienced by non-white people under the same social, political, or economic circumstances.

Biological Determinism

Biological Determinism is the belief that human behavior and characteristics are solely determined by genetics and biological factors, disregarding the influence of environment and culture.

Institutional Racism

Systemic policies, practices, and procedures within institutions that disproportionately disadvantage certain racial or ethnic groups.

Oppression

A system of power and domination that disadvantages a group through unjust treatment, discrimination, and inequality.