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Author Question: Carla had received very low annual return from her investment portfolio comprising of stocks of five ... (Read 52 times)

lidoalex

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Carla had received very low annual return from her investment portfolio comprising of stocks of five companies for two years. Her decision to continue holding the same portfolio of assets will be an example of:
 a. bounded rationality.
  b. selfishness.
  c. altruism.
  d. systematically missed opportunities.

Question 2

Suppose that apples and bananas both cost the same, but the marginal utility of bananas is twice as high as that for apples. This implies the consumer should purchase more apples and fewer bananas in order to maximize utility.
 a. True
  b. False
  Indicate whether the statement is true or false



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alexanderhamilton

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Answer to Question 1

D

Answer to Question 2

False





 

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