D Question 1 USING THE FOLLOWING INFORMATION AND THE FORMULA FOR CALCULATING TABLE WIN LOSS) GIVEN TO YOU IN THE MODULE TWO INFORMATION SECTION, CALCULATE THE GAME WIN/(LOSS). Fills: $26,500 Credits: $2.300 Cash Drop: $12.200 Opener: $195,700 Closer: $181,400 Markers: $20,000 O+6300 (The table wins $6300) 6300 (The table loses $6300) O-9700 (the table wins $9700) O9700 (the table loses $9700) O+1600 (the table wins $1600) Question 2 USING THE SAME INFORMATION FROM QUESTION #1, WHAT IS THE HOLD PERCENTAGE FOR THE GAME? Do not include the % symbol in your answer and please answer to two(2) decimal places. Example: If your answer is 31.45%, please put 31.45 in the answer box. -51.63

You own a family farm, worth $500,000, and need to decide what to do with this year’s earnings of $400,000. (i) You could put the money in the bank and earn a safe 5% return. (ii) Or you could pay $200,000 to plant a new crop, which will yield a harvest in six months; if there is rain, the harvest will bring in $1.000,000 in revenues, but if there is a drought it will yield just $100,000 in revenues. (iii) A third alternative is to plant Santo drought-resistant seed corn, which will cost $500,000, but yield revenues of $1,000,000 if there is rain or $700,000 if there is no rain. You are risk averse, and your reference for family wealth (W) is given by U(W) = √W [Square root of W]. The probability of a summer drought is 0.33. Which of the three options should you choose? Explain.

$ 300- 250 200 150 100 50- 04. What is the Total Fixed Cost at Q = 10? # O (a) $9 0 Q 0 2 4 6 8 10 12 14 16 18 20 O (b) $50 O (c) $90 (d) $140 O(e) $160 Type here to search TC Et I TVC TFC 30 25 20 15 10 Click Save and Submit to save and submit. Click Save All Answers to save all answers. 5 SA 0- 0 2 4 6 8 10 12 14 16 182 O Save All Answers MC AC AVC St AFC Q ? Save and Submit DEL

ONLY NEED QUESTIONS 5,6,8,10 and 13