John an experienced and slick bank robber recruited evelyn, Ask an Expert

Economics

John, an experienced and slick bank robber recruited Evelyn to rob a bank. Plans were set for them to acquire exactly $10 million from the bank vault. The odds of them dying in this heist is 1 in 10. Based on what is given so far

Assuming that Evelyn was promised a share of 1/4 of the total heist how much is she valuing her own life?

a. $100 million b. $75 million c. $25 million d. none of the above

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M92201974

Have any Question?Write your Review or question?

Related Questions in Business Economics

A sample of 36 us households is taken and the average

A sample of 36 U.S. households is taken and the average amount of newspaper garbage or recycling is found to be 27.8 pounds with a standard deviation of 2 pounds. Estimate, with 99% confidence, the mean amount of newspap ...

You sell bicycle theft insurance if bicycle owners do not

You sell bicycle theft insurance. If bicycle owners do not know whether they are high- or low-risk consumers, is there an adverse selection problem?

1 the demand for good x is given by qxdnbsp 6000 - frac12

1. The demand for good X is given by: Q X d = 6,000 - ½ P X - P Y + 9P Z + 1/10M Research shows that the prices of related goods are given by P Y = $6,500 and P Z = $100, while the average income of the individuals ...

How does off-task behavior change the dynamics of the

How does off-task behavior change the dynamics of the learning environment? Provide an example and a strategy to handle the behavior.

You are given the following cost You are given the following cost function:

You are given the following cost function: TC=80Q--4Q^2+0.1Q^3 a. Derive the average variable cost, average cost, and marginal cost equations. b. Over what range of output does economies of scale exist? Diseconomies of ...

Based on your understanding of elasticity will the

Based on your understanding of elasticity, will the elasticity of demand for Honda sedans increase, decrease, or remain the same when each of the following events occurs? Explain your answer. a. Other car manufacturers, ...

During a certain week the mean price of gasoline was 2719 a

During a certain week the mean price of gasoline was $2.719 a gallon. A ronadom sample of 32 stations is drwn. What is the probability that the mean price was between $2.695 and $2.716. Assume o=$0.048.

What is the usefulness of the total revenue test for price

What is the usefulness of the total revenue test for price elasticity of demand? What are the factors that affect price elasticity of demand and price elasticity of supply? What are some applications of each?

Having trouble trying to understand how to summarize a

Having trouble trying to understand how to summarize a companies business activities... Please complete the following in order to help me better understand: For this example, use Costco. Please put together a description ...

If material hardness is normally distributed with a mean of

If material hardness is normally distributed with a mean of 42 and a standard deviation of 1. Specification limits for hardness are from 35 to 45. When the fraction defective is 0.0017 what is the corresponding PPM?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert