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NEW QUESTION: 1
A. Option C
B. Option A
C. Option B
D. Option D
Answer: A
NEW QUESTION: 2
A customer wants to purchase a new home computer. The machine will mainly be used for internal browsing and streaming video, except on weekends when the customers' son will use it to play games with friends.
Which of the following should the technician focus on to meet these requirements?
A. 16GB DDR2 memory
B. Dual monitors
C. Encrypted hard drive
D. RAID 5 array
E. 80mm case fans
F. Four-core processor
Answer: B,F
NEW QUESTION: 3
For a monopoly earning economic losses, the demand curve
A. none of the above are correct because a monopoly firm cannot earn economic losses.
B. is below the average total cost curve at every level of output.
C. is tangent to the average total cost curve at every level of output.
Answer: B
Explanation:
When the demand curve is below the average total cost curve at every output level there is no quantity which can be sold at a sufficiently high price to cover all of the costs of producing. The firm would earn economic losses. Given the negative sloped demand curve and u-shaped cost curve, it is impossible for the demand curve to be above or tangent to the average total cost curve at every level of output.
NEW QUESTION: 4
What do you call a combination of a long (short) call option and short (long) put option with same face value, same expiration date, same style, where the strike price is equal to the forward price?
A. a straddle
B. a strangle
C. risk reversal
D. a synthetic forward
Answer: D
