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Author Question: A product can be classified to be an inferior good if an increase in the income of buyers causes a. ... (Read 75 times)

Themember4

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on: Jul 1, 2018
A product can be classified to be an inferior good if an increase in the income of buyers causes
 a. A decrease in quantity demanded
  b. A decrease in demand
  c. An increase in demand
  d. An increase in quantity demanded.

Question 2

The standard deviation is appropriate to compare the risk between two investments only if
 a. the expected returns from the investments are approximately equal
  b. the investments have similar life spans
  c. objective estimates of each possible outcome is available
  d. the coefficient of variation is equal to 1.0
  e. none of the above


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eliasc0401

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


Themember4

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Reply #2 on: Jul 1, 2018
Thank you


eliasc0401

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Reply #3 on: Jul 1, 2018
No problemo


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