Jill likes to bet on heads when the odds are fair, but will bet on tails only

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Jill likes to bet on heads when the odds are fair, but will bet on tails only if offered very favorable odds. Draw her indifference curves.

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Price theory and applications

ISBN: 978-0538746458

8th edition

Authors: Steven E landsburg

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Question Posted: Jan 24, 2013 08:24 AM

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Jill likes to bet on heads when the odds are fair, but will bet on tails only

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