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Author Question: Carla had received very low annual return from her investment portfolio comprising of stocks of five ... (Read 129 times)

lidoalex

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on: Jun 30, 2018
Carla had received very low annual return from her investment portfolio comprising of stocks of five companies for two years. Her decision to continue holding the same portfolio of assets will be an example of:
 a. bounded rationality.
  b. selfishness.
  c. altruism.
  d. systematically missed opportunities.

Question 2

Suppose that apples and bananas both cost the same, but the marginal utility of bananas is twice as high as that for apples. This implies the consumer should purchase more apples and fewer bananas in order to maximize utility.
 a. True
  b. False
  Indicate whether the statement is true or false


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alexanderhamilton

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

False


lidoalex

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Reply #2 on: Jun 30, 2018
Thank you


alexanderhamilton

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Reply #3 on: Jun 30, 2018
No problemo


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