Modern hedge funds typically make investments that involve

A) hedging.
B) speculating.
C) acquiring safe, short-term assets.
D) focus on stocks instead of bonds.

B

Economics

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Does this production function, q = 10L0.5K0.3, experience increasing, decreasing or constant returns to scale?

A) Decreasing because a 100% increase in inputs increases outputs by 80%. B) Increasing because an 80% increase in inputs increases outputs by 100%. C) Decreasing because 0.5 + 0.3 < 1. D) A and C.

Economics

A variable cost function of the form: VC = 52 + 2Q + 3Q2 implies a marginal cost curve that is

A) constant. B) upward sloping. C) U-shaped. D) quadratic.

Economics