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Author Question: Small savers who only have enough money to buy a few individual financial assets can use ________ to ... (Read 72 times)

appyboo

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on: Jun 29, 2018
Small savers who only have enough money to buy a few individual financial assets can use ________ to diversify.
 
  A) mutual funds B) one company's bonds
  C) Treasury securities D) one company's stock

Question 2

What is the relationship between average fixed cost and output?
 
  What will be an ideal response?


IAPPLET

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

Because average fixed cost is equal to total fixed cost divided by the number of units of output and total fixed cost does not change with output, average fixed cost decreases as the level of output increases.


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