Author Question: Horizontal and vertical demand curves A) have constant elasticities. B) are not possible in the ... (Read 73 times)

storky111 · **on:** Jul 1, 2018

Horizontal and vertical demand curves

A) have constant elasticities.
B) are not possible in the real world.
C) have elasticities that change with price.
D) cannot have their elasticities computed using the point method.

Question 2

If two events are positively correlated but NOT perfectly correlated, then

A) diversification is not necessary since there is no risk.
B) diversification eliminates all risk.
C) diversification does not reduce risk at all.
D) diversification can reduce risk.