Answer: The correct answers are "expected" and "realized".
Explanation: If Asset A has higher systematic risk than asset B. You can be sure that asset A's <u>expected</u> return will be higher than asset B's, but you can't be sure if asset A's <u>realized</u> return will be higher than asset B's.
Answer:
The answer is b) how technology is best used in the production of goods and services
Explanation:
The concept of welfare economics is used in the context of the Economy and public finances. It is defined as the branch of the economy that tries to determine the conditions that are needed to reach the maximum of social welfare. For this, the conditions are established to maximize production with a given amount of resources and optimization of the distribution of goods and services, analyzing the policies pursued in the achievement of goals that are considered desirable from the point of view of well-being.
Answer:
Opportunity cost refers to value of sacrifice one make for making a particular decision. Here, the cost of opportunity of leaving a job to start a business will be = Salary lost due to starting a business + Money initially spend on setting up of business + interest lost on initial investment (which you could have otherwise earned had you invested the money elsewhere) - potential profit from the business
<em>Calculating the annual opportunity cost</em>
Salary lost per year = $50,000
Money initially spend = $100,000
Let us assume the interest rate to be 2% and at this rate as i have not spend the money on starting the business. So interest per year = 100,000 * 2 * 1 / 100 = $2000
Thus, opportunity cost = $50,000 + $100,000 + $2000 - potential profit from the business. So therefore, Opportunity Cost is $152,000 - potential profit from the business per year.
Opportunity cost - The next-best thing that must be foregone in order to product one more unit of a given product.
Utility - The pleasure, happiness, or satisfaction obtained from consuming a good or service.
Economics - The social science concerned with how individuals, institutions, and society make optimal(best) choices under conditions of scarcity.
Marginal Analysis - Making choices based on comparing marginal benefits with marginal costs.
Answer:
Brand personality is a set of human characteristics that are attributed to a brand name. A brand personality is something to which the consumer can relate; an effective brand increases its brand equity by having a consistent set of traits that a specific consumer segment enjoys.
Explanation: