Question: Saved Question 22 (3 points) When this exam is done, it will he time to reward yourself with a well-deserved vacation, An important criterion, in

Saved Question 22 (3 points) When this exam is
Saved Question 22 (3 points) When this exam is
Saved Question 22 (3 points) When this exam is done, it will he time to reward yourself with a well-deserved vacation, An important criterion, in fact the mom important criterion is to find an exotic region that can be visited inexpensively. There are three states of nature that could impact costs in these live areas of interest, and they correspond to the relative strength of the US Dollit against that repice's doiminant currency. Rather than squander my time doing any actual publishable research. instead I have determined the average cost per day to visit each region under each of the possible state of nature. This table, which should not be construedschaal vacation advice, appears below 4 Weak Dollar 36 27 58 Region Strong Dollar Middling Dalla Eastern Europe 33 54 Southeast Asia 41 56 Australia 45 44 Galapagos Islands 35 Scandinavia 38 11 An pessimistie vacationer would opt for 26 48 30 O 1) Scandinavia 2) Eastern Europe 3) Australia 4) Galapagos Islands

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