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SupposeMis risk neutral. Which statement about the piece rates forMandAis correct? a.That for M is 1, that for A is the piece rate of the

SupposeMis risk neutral. Which statement about the piece rates forMandAis correct?

a.That forMis 1, that forAis the piece rate of the standardP-Amodel

b.Both that forMandAis equal to the standardP-Amodel

c.Both piece rates are equal to 1

d.That forMis 1, that forAis lower than the piece rate of the standardP-Amodel, sinceMis willing to take part of the risk

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