Answer:
C. The RR must explain the contingent deferred sales load to the prospect
Explanation:
Answer:
The false statement is letter "A": We say a portfolio is long those stocks that have negative portfolio weights.
Explanation:
The portfolio weight is the portion that a particular asset represents of the overall portfolio. There are many methods helpful to calculate the portfolio weight usually by dividing the dollar value of an asset by the total dollar value of the portfolio. Short positions are taken as negative values inside the portfolio that hold negative weights.
Answer: Option (A) is correct.
Explanation:
Correct Option: Normal profits because economic profits will attract new firms and there are no entry restrictions.
In a monopolistically competitive market, firms will earn an economic profit in the short run, so new firms attracted with these profits and decided to enter into the market in the long run.
There is no barriers on entry and exit of the firms in the monopolistically competitive market. When new firms enters into the market, as a result supply of differentiated products increases.
This causes the firm's market demand curve to shift leftwards. It will continue shifting to the left in the firm market demand curve till the point where it is nearly tangent to the average total cost curve.
At this point, firms earns zero normal profit and can earn normal profits in the long run same as a perfectly competitive firm.
Answer:
The GDP of the island is 1,350 clam shells.
Explanation:
George and John produce fish, boars, and bananas in their two-person economy. Fish sell for 1 clamshell each, boars sell for 10 clamshells each, and bananas go for 5 clamshells per bunch.
In this economy, the GDP will be the value of final goods and services produced. Intermediate goods will not be included.
Digging bait for fishing and the purchase of banana trees will not be included in the GDP.
The GDP of the island in terms of clamshells will be
= 
= 300 + 50 + 1,000
= 1,350 clam shells
Answer:
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Explanation:
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