-Refer to Table 5

question 71

Multiple Choice

-Refer to Table 5.13 to answer this question.What is the marginal utility of the 5^th unit?

• A)10.
• B)20.
• C)100.
• D)Cannot be answered from this information.

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Definitions:

Forecasted Market Return

An estimate of the total return anticipated from a market or an investment over a specified future period.

T-Bill Rate

The yield on U.S. Treasury bills, which are short-term government securities, serving as a benchmark for short-term interest rates.

Covariances

Covariance is a measure used in statistics to determine how much two random variables vary together.

Portfolio Variance

A measurement of the dispersion of returns of a portfolio, indicating the degree of investment risk.