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Author Question: Refer to Figure 9.1. If the market is in equilibrium, total consumer and producer surplus is A) ... (Read 68 times)

lracut11

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on: Jul 1, 2018
Refer to Figure 9.1. If the market is in equilibrium, total consumer and producer surplus is
 
  A) 0.
  B) 100.
  C) 800.
  D) 1200.
  E) 2000.

Question 2

Assume that two investment opportunities have identical expected values of 100,000. Investment A has a variance of 25,000, while investment B's variance is 10,000.
 
  We would expect most investors (who dislike risk) to prefer investment opportunity A) A because it has less risk.
  B) A because it provides higher potential earnings.
  C) B because it has less risk.
  D) B because of its higher potential earnings.


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Mholman93

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

D

Answer to Question 2

C


lracut11

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

zacnyjessica

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Reply 3 on: Yesterday
Wow, this really help

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