A household consists of only related family members like a father, mother, and children and not unrelated members like two students sharing a rented apartment
a. True
b. False
Indicate whether the statement is true or false
False
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A monopolistically competitive firm in the long run will
a. have a demand curve tangent to its AC. b. have a demand curve below its AC. c. have a demand curve above its AC. d. operate where excessive profit can be achieved.
As the number of stocks in a person's portfolio increases,
a. the risk of the portfolio increases, as indicated by the increasing value of the standard deviation of the portfolio. b. the risk of the portfolio increases, as indicated by the decreasing value of the standard deviation of the portfolio. c. the risk of the portfolio decreases, as indicated by the increasing value of the standard deviation of the portfolio. d. the risk of the portfolio decreases, as indicated by the decreasing value of the standard deviation of the portfolio.