Tom and Rey Both Own Supermarkets

question 34

Multiple Choice

Tom and Rey both own supermarkets.One of the products that they sell in their supermarkets is milk.Which of the following is an example of a primary boycott?

• A)Tom and Rey agree to both buy milk from Brown Cow Farm.
• B)Tom and Rey agree to both stop buying milk from Black and White Cow Farm.
• C)Tom and Rey agree to both stop buying milk because of mad cow disease.
• D)Tom and Rey agree to both stop drinking milk.

---

Definitions:

Mean-Variance Efficient Portfolio

An investment portfolio constructed to offer the highest expected return for a given level of risk, or the lowest risk for a given level of expected return, based on mean-variance optimization.

Expected Returns

The anticipated profit or loss from an investment, based on projections or historical data.

Variances of Returns

A statistical measure of the dispersion of returns for a given security or market index, often used to quantify risk.

Mean-Variance Efficient Portfolio

A portfolio constructed to have the highest possible return for a given level of risk, or equivalently, the lowest risk for a given level of expected return, according to Harry Markowitz's theory.