Idaho Slopes (IS) and Dakota Steppes (DS) Are Both Seasonal

question 22

Multiple Choice

Idaho Slopes (IS) and Dakota Steppes (DS) are both seasonal businesses. IS is a downhill skiing facility, while DS is a tour company that specializes in walking tours and camping. The equally likely returns on each company over the next year is expected to be: The correlation between the returns of IS and DS is:

• A) +1.00
• B) -1.10
• C) +0.30
• D) -0.03
• E) 0.03

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Definitions:

Excise Tax

A tax levied on specific goods, services, or activities, often with the aim of reducing their consumption or generating revenue.

Equilibrium Output

The level of output at which the quantity supplied equals the quantity demanded in a market.

Pollution Abatement

Actions or measures implemented to reduce, control, or eliminate pollution from various sources.

Society's Perspective

The collective viewpoints, interests, and priorities of a community or population regarding various issues or policies.