This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Louey's Greasy Spoon restaurant charges 15 for each dinner entree and 5 for each dessert selection, ... (Read 69 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jul 1, 2018
Louey's Greasy Spoon restaurant charges 15 for each dinner entree and 5 for each dessert selection, and they offer a dinner special that provide an entree and dessert for 18.
 
  If a diner at Louey's assigns zero value to dessert and 19 to an entree, what is their optimal decision? A) Buy the dinner special
  B) Buy only the entree
  C) Buy only the dessert selection
  D) We do not have enough information to determine the optimal decision

Question 2

The slope of the budget line, faced by an investor deciding what percentage of her portfolio to place in a risky asset, increases when the
 
  A) standard deviation of the portfolio gets smaller.
  B) standard deviation of the risky asset gets larger.
  C) rate of return on the risk-free asset gets larger.
  D) rate of return on the risky asset gets larger.
  E) rate of return on money gets larger.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cdmart10

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


kshipps

  • Member
  • Posts: 571
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

amynguyen1221

  • Member
  • Posts: 355
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Bartel and Szostak demonstrated chemical selection for RNA molecules that can catalyze phosphoester Bartel and Szostak demonstrated chemical selection for RNA molecules that can catalyze phosphoester
Three principle forms of natural selection: (a) stabilizing selection, (b) directional selection, an Three principle forms of natural selection: (a) stabilizing selection, (b) directional selection, an
Natural selection of a population for dark coloration. Natural selection of a population for dark coloration.
This chart shows the various lines of responsibility and how they differ in presidential and parliam This chart shows the various lines of responsibility and how they differ in presidential and parliam
Josiah Wedgwood, Queen's Ware dinner service (detail). Josiah Wedgwood, Queen's Ware dinner service (detail).
An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ... An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ...
Video: The Nerve Impulse

For a complete list of videos, visit our video library