ROE - Return on Equity - Is Measured by Dividing

question 134

True/False

ROE - return on equity - is measured by dividing profit by average number of shares outstanding.

Comprehend and apply the concept of the Lagrange multiplier in the context of constrained optimization problems.

Understand the Hicksian substitution effect and its implications on consumer choice.

Identify the mathematical techniques used in solving constrained optimization problems.

Explain the conditions under which a consumer is maximizing utility.

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