An efficient portfolio maximizes return for a given level of risk or minimizes risk for a given level of return.
Having an efficient portfolio when preparing a financial planning is undeniably important as this helps you in your decision-making; whether you engage in something while knowing the specific risk of doing that certain action.
<span>The
answer is skill-based volunteering or volunteerism. It is a tactical type of volunteerism that allows
professionals to make use of their skills to impact nonprofits to help make
stronger their operation and services. Also it fosters cross-departmental cooperation
and has been proven to improve a company’s performance.</span>
Answer:
yaah lower is only the answer
Answer:
The opportunity cost of each pipe and what is the sunk cost is $77 and $67 per pipe respectively.
Explanation:
Opportunity cost: The opportunity cost is that cost which is incurred to choose the best options with the available options.
Sunk cost: The sunk cost is that cost which is not recovered in the future. Its other name is the past cost. It does not help to make future decisions as if it is incurred then it cannot be recovered again
So, the opportunity would be the current price i.e $77
And, the sunk cost is $67 per pipe ($77 - $10)