As in the previous problem, the returns on the common stock of Gridiron Sporting Goods are quite cyclical. In a normal economy, the stock is expected to return 16 percent in comparison to 28 percent in a boom economy and a negative 20 percent in a recessionary period. The probability of a recession is 30 percent while the probability of a boom is 20 percent.. What is the standard deviation of the returns on this stock

David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e.g., a subscript can be created with the _ character.)