Nina has a convex utility of wealth function, u(x). She is contemplating two prospects, L and M, where L is a mean preserving spread of M. Which of the following statements is therefore true? a. Nina will prefer M to L.
b. Nina will prefer L to M.
c. Nina’s ranking of L and M cannot be determined without more information.
d. Nina must be risk averse, but that is the most one can say.

Assume that the governance committee states that all projects costing more than $70,000 must be reviewed and approved by the chief information officer and the it senior leadership team (slt). at this point, the cio has the responsibility to ensure that management processes observe the governance rules. for example, the project team might present the proposed project in an slt meeting for a vote of approval. what does this scenario illustrate about organizational structure?

Why do police officers get paid less than professional baseball players?

Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.