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.

d

Economics

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The VP in charge of product launches hypothesizes that a particular product would be profitable, then launching an unprofitable product is a

a. Type I error b. Type II error c. Type III error d. Type IV error

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Barton & Matthews Corp, a law firm, announces its acquisition of Fronton Corp Which of the following is likely to occur as a result of this acquisition? a. The value of the Herfindahl-Hirschman Index for the legal services industry will decrease. b. The value of the Herfindahl-Hirschman Index for the legal services industry will increase. c. The market share of each firm in the legal services

industry will increase. d. The market share of each firm in the legal services industry will decrease.

Economics