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Author Question: More risk-averse people will: a. hold fewer risky assets because marginal utility is rapidly ... (Read 97 times)

LCritchfi

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on: Jul 1, 2018
More risk-averse people will:
 a. hold fewer risky assets because marginal utility is rapidly diminishing.
  b. hold fewer risky assets because marginal utility is greater.
  c. hold fewer risky assets because rates of return are more uncertain.
  d. hold fewer risky assets because marginal utility is negative.

Question 2

A cartel is a situation where firms in the industry
 a. have an agreement to restrict output.
  b. agree to produce identical products.
  c. obey the rules of dominant firm price leadership.
  d. experience the pain of a kinked demand curve.
  e. have a barometric price leader


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jojobee318

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

a


LCritchfi

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Reply #2 on: Jul 1, 2018
Correct answers!


jojobee318

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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