=+AgriCorp drought-resistant summer corn at a cost of $250,000 that will yield $500,000 in revenues at harvest

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=+AgriCorp drought-resistant summer corn at a cost of

$250,000 that will yield $500,000 in revenues at harvest if there is rain, and $350,000 in revenues if there is a drought. You are risk averse, and your preference

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Microeconomics

ISBN: 9781292081977

8th Global Edition

Authors: Robert S. Pindyck, Daniel L. Rubinfeld

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