An asset is liquid if: A) its value does not change from day ...

[Jramos095]

An asset is liquid if:
 
  A) its value does not change from day to day.
  B) it can be easily converted into cash without loss of value.
  C) it offers a positive rate of interest.
  D) its value is more likely to increase in future.

Question 2

Which of the following is NOT a step involved in optimization in levels?
 
  A) Calculating the total net benefit of each alternative
  B) Choosing the alternative with the highest net benefit
  C) Calculating the marginal consequences of moving between alternatives
  D) Converting all costs and benefits into a common value of measurement

[Dnite]

Answer to Question 1

B

Answer to Question 2

C

[Jramos095]

YES! Correct, THANKS for helping me on my review

[bigcheese9]

TYSM