The First Can of Sprite Jack Drinks Give Him 22

question 79

Multiple Choice

The first can of Sprite Jack drinks give him 22 units of utility and the second can gives him an additional 12 units of utility. How many units of utility do the two cans of Sprite give Jack?

• A)17
• B)46
• C)34
• D)2
• E)36

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Definitions:

Holding-period Return

The total return received from holding an asset or portfolio over a specific period, including dividends or interest and any capital gain or loss.

Cash Dividend

A distribution of profits paid to shareholders in the form of cash, representing a portion of the company's earnings.

Capital Allocation Line

A graph showing risk-return trade-offs of different portfolios, highlighting the efficient frontier of maximum expected return for a given level of risk.

Standard Deviation

A numerical metric that calculates the spread or variability within a dataset.