Chloe lives in an area where she runs the air conditioner during the 4 hottest months of the year. the air conditioner runs for 7 hours per day at a cost of 21 cents per hour. how much does she spend per year on utility bills for the air conditioner? (assume there are 30 days in each month
a. $705.60
b. $588.00
c. $216.09
d. $176.40

Choose all that apply. a financially-responsible person has a budget has no plan spends less than they make pays for everything with a credit card saves their money pays bills on time

Your company is starting a new r& d initiative: a development of a new drug that dramatically reduces the addiction to smoking. the expert team estimates the probability of developing the drug succesfully at 60% and a chance of losing the investment of 40%. if the project is successful, your company would earn profits (after deducting the investment) of 9,000 (thousand usd). if the development is unsuccessful, the whole investment will be lost -1,000 (thousand usd). your company's risk preference is given by the expected utility function: u(x) v1000 +x, where x is the monetary outcome of a project. calculate the expected profit of the project . calculate the expected utility of the project . find the certainty equivalent of this r& d initiative . find the risk premium of this r& d initiative e is the company risk-averse, risk-loving or risk-neutral? why do you think so?

Wyome has a career in manufacturing and goes to an office to work every day. at the office, he most likely works with