Utility functions need not relate to $ values. Here is a problem in which we know little about five abstract outcomes. What is important, however, is that a person who does know what F to J represent should be able to compare the outcomes using the lottery procedures we have studied. A decision maker faces a risky gamble in which she may obtain one of five outcomes. Label them F, G, H, I, and J. F is the most preferred, and J is least preferred. She has made the following three assessments:

Which are the best examples of costs that should be considered when creating a project budget?

Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.a. after a long search, jon finds a job.b. tyrion, a full-time college student, graduates and is immediately employed.c. after an unsuccessful job search, arya gives up looking and retires.d. daenerys quits her job to become a stay-at-home mom.e. sansa has a birthday, becomes an adult, but has no interest in working.f. jaime has a birthday, becomes an adult, and starts looking for a job.g. cersei dies while enjoying retirement.h. jorah dies working long hours at the office.

Match the situations that will develop one's personality and those that won't peter is surrounded by friends who are always encouraging him jonathan always watches television when he wants to take a break from his books libby sets small targets for herself and strives to achieve them. the smiths indulge in an animated discussion on varied topics every evening after dinner. brook loves junk food and exercises once in a while. develops your personality develops doesn't develop your personality