Suppose You Invest $22,500 by Purchasing 200 Shares of Abbott

question 49

Multiple Choice

Suppose you invest $22,500 by purchasing 200 shares of Abbott Labs (ABT) at $55 per share, 200 shares of Lowes (LOW) at $35 per share, and 100 shares of Ball Corporation (BLL) at $45 per share. The weight of Lowes in your portfolio is ________.

• A) 40.44%
• B) 21.78%
• C) 49.78%
• D) 31.11%

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Definitions:

Average Revenue

The amount of money a company makes for each unit of product sold, which is found by dividing the overall revenue by the number of units sold.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where each has a negligible impact on market price.

Marginal Revenue

The additional income that will be generated by increasing product sales by one unit.

Quantity Demanded

The amount of a good or service that consumers are willing to purchase at a given price at a specific time.