How do the choices consumers make impact business decisions? a. Businesses are run by consumers, so the choices those consumers make will find their way
into business decisions.

b. Businesses can track the trends of what consumers are and are not buying, and will attempt
to cater to the desires of those who provide them with profits.

c. The government mandates that businesses respond promptly to the preferences of the
market.

d. Businesses, like consumers, tend to follow fads and trends, so setting trends can cause
businesses to follow along.

How will firms solve the problem of an economic surplus a. decrease prices to the market equilibrium price b. decrease prices so they are below the market equilibrium price c.increase prices

Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the survey asks participants to rate their overall health using a 5-point rating scale. what is the scale of measurement used for this question? ratio ordinal interval nominal

Stock a has a beta of 1.2 and a standard deviation of 20%. stock b has a beta of 0.8 and a standard deviation of 25%. portfolio p has $200,000 consisting of $100,000 invested in stock a and $100,000 in stock b. which of the following statements is correct? (assume that the stocks are in equilibrium.) (a) stock b has a higher required rate of return than stock a. (b) portfolio p has a standard deviation of 22.5%. (c) portfolio p has a beta equal to 1.0. (d) more information is needed to determine the portfolio's beta. (e) stock a's returns are less highly correlated with the returns on most other stocks than are b's returns.