Match the Correct Answer to Each Statement

question 26

Short Answer

Match the correct answer to each statement.
(a) If the drought in Australia continues:
(b) If there is a technological improvement in the production of iPods:
(c) As a result of bushfires in Victoria's dairy farming area:

(i) the supply curve will shift to the right.
(ii) the supply of milk decreased.
(iii) the supply of wheat will decrease.

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Definitions:

Standard Deviation

A measure of the dispersion or variation in a set of data points, often used in finance to quantify the risk of an investment.

Positive Alpha

A metric indicating that an investment has performed better than its benchmark index, suggesting superior management or strategy.

Long Equity

An investment strategy where investors purchase stocks or equity securities with the expectation that their value will increase over time.

Hedge Fund

A private investment partnership that uses complex strategies and various instruments to achieve high returns.