Your answer would be, If there is a price increase for a good; <u>People might buy a LESS EXPENSIVE substitute good.</u>
<u>(Substitution Effects) =====> Example =====></u> If the Price of Coffee goes up, Then people will substitute for Tea, Because it is less cheaper. (If that makes sense.).
Hope that helps!!!!! -P- : )
Answer:
portfolio's standard deviation = 0.3256
Explanation:
Stock Expected Return Standard Deviation Wi
A 10% 30% 0.2
B 20% 40% 0.8
covariance = [(10% - 10%) x (20% - 20%)] / (2 - 1) = 0
portfolio's standard deviation = (stock A's Wi² x variance) + (stock B's Wi² x variance) + (2 x covariance x weight A x weight B)
portfolio's standard deviation = √{(0.2² x 0.09) + (0.8² x 0.16) + 0} = √(0.0036 + 0.1024) = √0.106 = 0.3256
Answer:
because they cant stop spending money
Explanation:
money is money
Answer:
a. John is covered under Part A—Liability Coverage of his policy if Alice sues John for the damage to her house.
Explanation:
Base on the scenario been described in the question, all of the following statements about coverage under John Smith's PAP are true, EXCEPT: John is covered under Part A—Liability Coverage of his policy if Alice sues John for the damage to her house.