Answer: Option D
Explanation: In simple words, short run refers to the time frame in which all the factors of production are fixed while in the long run all of them are variable.
This happens due to the fact that in the short run if the company goes for changing the level of inputs than the opportunity that were availing in that time period will be gone by then leading to losses as the total time frame is very less in short run.
On the other hand, firms tends to have greater life in the market and keeps developing themselves with the changing forces of market.
Answer:
He must inform the seller in writing that he has a license before he makes an offer
Explanation:
A broker is an individual or a company that sells and buy properties, stocks, or investments on behalf of investors. A licensee must be licensed by a broker.
In this case, broker Greg has a listing for an office building and licensee Gary who works for broker Greg wants to buy the building as an investment. Since Gary, who is an emoloyee to Greg is interested in the building, he needs approval before making any investment in the buliding. This approval would help avoid insider trades.
Therefore, Gary must inform the seller in writing that he has a license before he makes an offer.
Answer:
$6.25
Explanation:
Use the dividend discount model the Gordon growth model
given
expected dividend per share = $0.50
growth rate =7%
Required rate o return = 15%
P = D1/r-g
=0.50/0.15-0.07
=$6.25
The standard deviation should decrease because there is now a lower probability of the more extreme outcomes. The expected rate of return on the auto stock is now
<h3>How is the variance calculated?</h3>
[0.3 × (–8%)] + [.4 × 5%] + [.3 × 18\%] = 5%[.3×(–8%)]+[.4×5%]+[.3×18%] = 5%
The variance is
[.3× (–8 – 5
] + [.4× (5 – 5
] + [.3×(18 – 5
] = 101.4
The standard deviation is √101.4 = 10.07 percent, which is lower than the value assuming equal probabilities of each scenario.
To learn more about variance, refer
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