Answer:
The question is incomplete; Determine the consumer surplus from the original purchase and the additional surplus generated by the resale of the cannon.
Marcus' consumer surplus= $45-$35= $10
Starling's consumer surplus= $80-60= $20
Marcus' producer surplus = $60-35 = $25
Explanation:
<span>The sales in 2018 will be $800,000. Let the sales in 2018 be x and 13% increase shows 1.13x and the calculation will be done by dividing 904000 with 1.13 and the answer will be 800000. This is simple calculation as the question is showing that the sales in 2018 were less so that answer is also checked.</span>
I’m not sure about the first one (my best guess is B.) but the second one is A.
Answer:
The correct option is B.
Explanation:
Risk aversion is a situation where investor like returns and dislike the risk. The higher the risk, higher the expected return an investor will demand.
In this situation, will look at the standard deviation (SD). The larger the SD, it states that outcome will be dispersed widely and smaller SD, states that the outcome or result will be more tightly cluster around the expected value. So, because of this will be choosing the Stock B for isolation and Stock A for portfolio which well diversified.
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