The Expected Outcomes for Louis Stock Are Below; What Is

question 18

Multiple Choice

The expected outcomes for Louis Stock are below; what is the expected variance of Louis Stock?

• A) 2.885%
• B) 0.083%
• C) 2.968%
• D) 0.088%

---

Definitions:

External Costs

Uncompensated costs incurred by someone who is not involved in the production or consumption of a good or service, typically relating to environmental damage or public health.

Market's Output

The total quantity of goods and services produced and offered for sale in a market during a specific period of time.

Internalized

Describes a process or value that has been incorporated within an individual's psychological framework and is reflected in their behavior or decision-making.

Equilibrium Quantity

The quantity of goods or services traded in a market at the equilibrium price, where the quantity supplied equals the quantity demanded.