This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Louey's Greasy Spoon restaurant charges 15 for each dinner entree and 5 for each dessert selection, ... (Read 134 times)

kshipps

  • Hero Member
  • *****
  • Posts: 571
on: Jul 1, 2018
Louey's Greasy Spoon restaurant charges 15 for each dinner entree and 5 for each dessert selection, and they offer a dinner special that provide an entree and dessert for 18.
 
  If a diner at Louey's assigns zero value to dessert and 19 to an entree, what is their optimal decision? A) Buy the dinner special
  B) Buy only the entree
  C) Buy only the dessert selection
  D) We do not have enough information to determine the optimal decision

Question 2

The slope of the budget line, faced by an investor deciding what percentage of her portfolio to place in a risky asset, increases when the
 
  A) standard deviation of the portfolio gets smaller.
  B) standard deviation of the risky asset gets larger.
  C) rate of return on the risk-free asset gets larger.
  D) rate of return on the risky asset gets larger.
  E) rate of return on money gets larger.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cdmart10

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

D


kshipps

  • Member
  • Posts: 571
Reply 2 on: Jul 1, 2018
:D TYSM

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Some red squirrels adopt the offspring of related individuals, a likely example of kin selection pro Some red squirrels adopt the offspring of related individuals, a likely example of kin selection pro
Evolution and Natural selection shapes organisms and diversity Evolution and Natural selection shapes organisms and diversity
Growing plants in a container garden can provide healthy, nutritious vegetables for your dinner Growing plants in a container garden can provide healthy, nutritious vegetables for your dinner
Three point charges lie on the x x axis. Charge 1 (+9.9 μC μ C ) is at the origin, ... Three point charges lie on the x x axis. Charge 1 (+9.9 μC μ C ) is at the origin, ...
An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ... An electrician charges a flat fee of $90 for a home service call. In addition he charges $25 ...
Directional artificial selection favoring the AdhF allele in experimental Drosophila populations. Directional artificial selection favoring the AdhF allele in experimental Drosophila populations.
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library