Use the Table for the Question(s) Below

question 51

Multiple Choice

Use the table for the question(s) below.
Consider the following probability distribution of returns for Alpha Corporation:

-The variance of the return on Alpha Corporation is closest to:

• A) 0.0500
• B) 0.0475
• C) 0.03625
• D) 0.0375

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Definitions:

Monopsonists

Entities or individuals that are the sole buyers in a market, wielding significant power over prices and terms of purchase.

Craft Unions

Labor unions that represent workers in specific trades or crafts, focusing on skill level and craftsmanship.

Particular Skill

A specific ability or expertise that an individual possesses, often contributing to their suitability for a specialized job or task.

Complementary Inputs

Inputs or goods that are used together in production and whose demand is positively related, meaning an increase in the price of one decreases the demand for the other.