Answer:
A horizontal line at the market price
Explanation:
it's means that the price it receive is the same for every unit sold
Answer: 0.4
Explanation: MPC, that is, marginal propensity to consume is used to quantify the consumption induced. As we know that, MPC is calculated as follows :-


= 0.4
Employment patterns become inconsistent due to specialization and trade because the qualifications needed from an applicant can change or become too specific because of the specializations. Trade can change the required knowledge needed from an applicant based on what products are being traded.
Answer:
A person need to pay attieon to details, even if its the smallest one. You would need to have fast, thought through abilty to think. You would need to take notes, have time mangement so stay on track but make sure you do it quick enough to the point you would be able to finish in time. You need to be able to communicate if you have a issue, and also problem solve.
Answer:
Explanation:
Given the following :
Portfolio - - - - - - Expected return - - - Std
Risk-free - - - - - - - - 6.0% - - - - - - - - - - 0%
Market - - - - - - - - - 10.2 - - - - - - - - - - - - 21
A - - - - - - - - - - - - - 8.2 - - - - - - - - - - - - 10
Calculate the sharpe ratios for the market portfolio and portfolio A.
Sharpe Ratio = (Expected portfolio return - Risk-free rate of return) / standard deviation of portfolio return
Sharpe ratio of market portfolio:
(10.2 - 6) / 21
4.2 / 21 = 0.20
Sharpe ratio of portfolio A:
(8.2 - 6) / 10
2.2 / 10 = 0.22
B) NO
If simple CAPM is valid, the above situation is Not possible, BECAUSE, according to the simple Capital Asset Pricing Model, the market portfolio is the most efficient, however with a Sharpe ratio of 0.20, which is lower than the sharpe ratio obtained for portfolio A, 0.22 then, portfolio A is more efficient.