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Author Question: Given two investments P and Q, with the former having a mean 0.7 and variance 0.17 and the latter ... (Read 32 times)

jake

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on: Jun 30, 2018
Given two investments P and Q, with the former having a mean 0.7 and variance 0.17 and the latter having a mean 0.7 and a variance 0.03, a risk-preferrer will be indifferent between the two.
  Indicate whether the statement is true or false

Question 2

Price and total revenue move in opposite directions when demand is elastic.
  Indicate whether the statement is true or false


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Eunice618

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Reply #1 on: Jun 30, 2018
Answer to Question 1

F

Answer to Question 2

True


jake

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Reply #2 on: Jun 30, 2018
Thank you :)


Eunice618

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Reply #3 on: Jun 30, 2018
Happy to help you


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