As a member of a team, you need to show unselfishness by ______.
2 answers:
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Answer:
takes on the shape of an inverted U so related diversification has the best performance.
Explanation:
A portfolio variance is used to determine the overall risk or dispersion of returns of a portfolio and it is the square of the standard deviation associated with the particular portfolio.
The portfolio variance is given by the equation;
Where;
= the weight of the nth security.
= the variance of the nth security.
= the covariance of the two security.
The relationship between the type of diversification and overall firm performance takes on the shape of an inverted U, so related diversification has the best performance.
Answer:
the minimum point on the AVC curve
Explanation:
The average variable cost denoted as AVC represent all the variable costs as electricty, water, gas, etc. divided by the output produced.
Where VC is the variable cost and Q represent the output produced.
In the short-run, a firm can "increase profits if the marginal revenue obtained from selling a product if exceeds the marginal cost of making that product".
And the lowest point on a competitive firm short run needs to correspond to the minimum point on the AVC curve since we assume that we are in a competitive firm's scenario, all the prices and variable costs needs to be as lowest possible in order to be competitive.