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Author Question: The variance of an investment opportunity: A) cannot be negative. B) has the same unit of ... (Read 48 times)

Medesa

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on: Jul 1, 2018
The variance of an investment opportunity:
 
  A) cannot be negative.
  B) has the same unit of measure as the variable from which it is derived.
  C) is a measure of central tendency.
  D) is unrelated to the standard deviation.

Question 2

A consumer has 100 per day to spend on product A, which has a unit price of 7, and product B, which has a unit price of 15. What is the slope of the budget line if good A is on the horizontal axis and good B is on the vertical axis?
 
  A) -7/15
  B) -7/100
  C) -15/7
  D) 7/15


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pami445

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

A

Answer to Question 2

A


Medesa

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

6ana001

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Reply 3 on: Yesterday
Excellent

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