Assume That There Are Two Types of Workers: Safe and Risky.At

question 9

Multiple Choice

Assume that there are two types of workers: safe and risky.At the beginning of the first period a firm must decide to hire a safe or risky worker.Safe workers have constant ability worth $200 per period.There is a 50 percent chance a risky worker will have ability worth $300 per period and a 50 percent chance a risky worker will have ability worth $100 per period.What is the risky worker's average productivity?

• A) $100
• B) $200
• C) $300
• D) $400
• E) $500

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Definitions:

Buffer

A temporary storage area in computing used to manage data being transferred between two devices or processes.

Active Voice

A sentence structure where the subject performs the action of the verb, leading to clear and direct communication.

Passive Voice

A sentence construction where the subject of the sentence is acted upon by the verb, often hiding the action's performer.

Goodwill Conclusion

The final part of a communication that expresses friendly intent and seeks to maintain a positive relationship with the audience.