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1. The expected value of an investment is _________________. the expected annual average return over the life of the project the total rate of return
1. The expected value of an investment is _________________.
| the expected annual average return over the life of the project | |
| the total rate of return on an investment | |
| the risk that an investment might face | |
| always greater than the actual return |
2. We can infer that burgers and fries are regarded as complements if their __________ are __________.
| price elasticities; greater than one | |
| cross-price elasticities; positive | |
| price elasticities; less than one | |
| cross-price elasticities; negative |
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Introduction to Probability
Authors: Mark Daniel Ward, Ellen Gundlach
1st edition
716771098, 978-1319060893, 1319060897, 978-0716771098
