Answer:
The answer is 0.0707
Explanation:
Solution
Given that:
Probability Return Probability(return-expected return)^2
0.25 25 0.25(25-15)^2=25
0.5 15 0.5(15-15)^2=0
0.25 5 0.25(5-15)^2=25
Total = 25 +0 + 25
= 50
Thus
The next step is to find the standard deviation which is given below:
Standard deviation=[total probability (return-expected return)^2/total probability]^(1/2)
=(50)^(1/2)
=0.0707
Hence the standard deviation is 0.0707.
Note: The expected return is =15%
Given that chicken and beef are substitute goods, if the price of chicken decreases, there would be a decrease in the demand for beef.
The correct option is C.
Demand is the amount of a good that consumers are willing and able to buy at different prices during a specific period of time. The demand curve is the relationship between price and quantity demand.
Demand for a given product depends on a variety of factors, including perceived need, price, perceived quality, convenience, alternatives offered, buyer preferences, and disposable money.
To know more about demand, click here:-
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Answer: This case is an example of <em><u>core competencies that further have turned into core rigidities.</u></em>
In this particular case , the store was capable of catering to the demands of the market. Thus providing excellent service and technical advice.
But with the dawn of an era, now the store is earning lower-than-average returns. Also this is to be pondered upon that in current era only few potential customers are able to appreciate the premium quality of the fabrics.
Answer:
The correct answer is option A.
Explanation:
According to the classical theory, the quantity of money is directly related to price level. So, any shortage or surplus in the money market can be corrected by increasing or decreasing price level.
According to the liquidity preference theory, however, money is demanded for transactionary, precautionary and speculative motive. So, only price level does not affects the quantity of money. Interest rates also effect the demand for money.
So, option A is the correct answer.
