What is the portfolio variance if 30% is invested in stock S and 70% is invested in stock T? 
Definitions:
ATC
Average Total Cost, which is the total cost of production (fixed plus variable costs) divided by the quantity of output produced.
ATC
Average Total Cost, which is the total cost of production divided by the quantity of output produced.
Price Charged
The amount of money demanded for a product or service in the market.
Product Differentiation
A strategy to make a product or service stand out from the rest, intended to captivate a certain target demographic.
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