« previous next »

Author Question: An investment opportunity is a sure thing; it will pay off 100 regardless of which of the three ... (Read 53 times)

imanialler

  • Hero Member
  • *****
  • Posts: 539
on: Jul 1, 2018
An investment opportunity is a sure thing; it will pay off 100 regardless of which of the three possible outcomes comes to pass. The variance of this investment opportunity:
 
  A) is 0.
  B) is 1.
  C) is 2.
  D) is -1.
  E) cannot be determined without knowing the probabilities of each of the outcomes.

Question 2

Suppose that the prices of good A and good B were to suddenly double. If good A is plotted along the horizontal axis,
 
  A) the budget line will become steeper.
  B) the budget line will become flatter.
  C) the slope of the budget line will not change.
  D) the slope of the budget line will change, but in an indeterminate way.


emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
There is no such thing as the African American family, any more than there is the Native American, ... There is no such thing as the African American family, any more than there is the Native American, ...
The first five reactions constitute the energy-investment phase of glycolysis The first five reactions constitute the energy-investment phase of glycolysis
Relationship between Trust and Investment Relationship between Trust and Investment
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
The best thing about back to school The best thing about back to school
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library