A Client Wants 27 Blocks of High-Risk Stock,27 Blocks of Moderate-Risk

question 149

Essay

A client wants 27 blocks of high-risk stock,27 blocks of moderate-risk stock,and 41 blocks of low-risk stock.Use the matrix operations on a graphing calculator to find how many of each portfolio should be suggested.

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Definitions:

Import Quota

A restriction enforced by the government on the volume or price of merchandise that may be imported into a country.

Tariff

A tariff is a tax imposed by a government on imported or exported goods to regulate trade, often to protect domestic industries.

Free Trade

An economic policy that allows imports and exports between countries with minimal governmental restrictions or tariffs.

Consumer Surplus

The discrepancy between the sum consumers are ready and capable of paying for a service or product and the sum they actually spend.