Use the figure shown to answer the questions below U, Uz U3 UA Us 60 Income 20 28 42 Currently the consumer has $60. If there is an accident their income will be $20. The probability of an accident This means the consumer has an expected income of $ Suppose an insurance firm offered the consumer a fair insurance contract, that pays them $40 if an accident Utility

Use the figure shown to answer the questions below U, Uz U3 UA Us 60 Income 20 28 42 Currently the consumer has $60. If there is an accident their income will be $20. The probability of an accident This means the consumer has an expected income of $ Suppose an insurance firm offered the consumer a fair insurance contract, that pays them $40 if an accident Utility

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Based on the data, answer the questions. Earner Sally Pat What is Sally's tax rate? 38% 33% O 28% 24% Annual income amount $94551.00 $304557.00 What is Pat's tax rate? 0000 O 22% 31% 33% 24% Income tax amount $31201.83 $73093.68
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hi you have not specified how you got 1.152