Yes, I think it is important to save for retirement as early as 18 years old. I think this so that if anything goes wrong you can have kind of like a safety net.
Answer:
False
Explanation:
QFD is the process by which the opinions or wants of customers are used to create products that meets the needs f consumers
Answer:
$250
This because out of the total surplus, the surplus left after being received by the consumer goes to the producer.
Explanation:
Data provided in the question:
Price of tomato = $10
Equilibrium quantity = 50 tomatoes
Consumer surplus = $400
Total surplus = $650
Now,
The producer surplus = Total surplus - Consumer surplus
= $650 - $400
= $250
This because out of the total surplus, the surplus left after being received by the consumer goes to the producer.
Answer:
A contract was formed when Andrew mailed his acceptance on Wednesday.
Explanation:
A contract is formed only if the parties intend to be legally bound by their promises and have clearly agreed on what those promises are. This is known as a meeting of the minds. The court will look for certain elements to determine whether a valid contract has been made. These are offer, acceptance, and consideration
Answer (A):
Need more data to select the better adviser
<u>Explanation: </u>
Adviser A averaged 19% return on the investment which is more than that of Adviser B who averaged 16% return on investment. However, adviser A has a beta of 1.5 which is also greater than that of Adviser B who has a beta of 1. This means that adviser A made a more riskier investment and hence a higher average return on investment. We need more data to tell which adviser performed better in relation to each other.
Answer (B):
Investment Adviser B
<u>Explanation:</u>
= T-bill rate = 6%
= Market return = 14%
= Market risk premium = 14% - 6% = 8%
= Average Return by Adviser A =19%
= Beta of Adviser A = 1.5
= Average Return by Adviser B =16%
= Beta of Adviser B = 1
CAPM Equation is 
<u>For Adviser A</u>
= 6 + 1.5 (14 - 6) = 18%
The expected average return for the investment is 18% which means that Adviser A over performed the market by 1 %
<u>For Adviser B</u>
= 6 + 1 (14 - 6) = 14%
The expected average return for the investment is 14% which means that the Adviser B over performed the market by 2 %
Clearly, Adviser B performed better than Adviser A.
Answer (C):
Adviser B
<u>Explanation:</u>
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In this part, the 
and 
All else remains the same
We make similar calculation as in part B
