Answer: A
Explanation:
A complementary good is a product that is used together with another product. Without its complement, such a good will have little value. When there is increase in the price of a particular product, the demand of its complement reduces because consumers may not be able to use the complement on its own.
Complements have negative cross elasticity of demand i.e there is increase in the demand for a product when the price of its complement reduces. If bicycles and gasoline are complements, an increase in tax on gasoline will have a negative effect on the demand for bicycle. Due to the price increase of gasoline, less people will demand for bicycle. The initial change that will occur as a result of this is that as there is a price increase for gasoline, there will be a leftward shift in the demand for bicycle. This implies that less bicycle will be demanded for.
Answer:
C) E(r) = 0.10; Standard deviation = 0.10.
Explanation:
the risky portfolio with an expected rate of return of 0.15 and standard deviation of 0.15 lies on the same indifference curve as another with:
- expected return of 0.10, standard deviation of 0.10
- expected return of 0.05, standard deviation of 0.05
- expected return of 0.20, standard deviation of 0.20
- etc.
All the points in this indifference curve will have an expected return = to the standard deviation, you exchange one unit of expected return per one unit of standard deviation.
Answer: IN THE FIRST stage....
FIRST IS THE ANSWER
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Explanation:
The answer is D because Quotes, subsidies and Tariffs are trade restriction.
