IDNLearn.com is the perfect place to get detailed and accurate answers to your questions. Our community is here to provide the comprehensive and accurate answers you need to make informed decisions.
Sagot :
work for Kevin is only 15 minutes when Bay Street is used and there is no congestion. With congestion, however, it takes Kevin 40 minutes to get to work. If Kevin decides to take the expressway, it will take 30 minutes regardless of the traffic conditions. Kevin's utility for travel time is: U (15 minutes)=0.9, U (30
minutes) = 0.7, and U (40 minutes) = 0.2.
(a) Which route will minimize Kevin's expected travel time?
(b) Which route will maximize Kevin's utility?
Answer:
1848 - 1849 = 1
Explanation:
1849
1848
9-8 = 1
4-4 = 0
8-8 = 0
1-1 = 0
We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. Find the answers you need at IDNLearn.com. Thanks for stopping by, and come back soon for more valuable insights.