ECO204 Final Tutorial (2024-2025)

ECO204 Final Tutorial (2024-2025)

Assessment

Flashcard

Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

9 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is the formula for Sharpe Ratio?

Back

Sharpe = RP/σ_p

2.

FLASHCARD QUESTION

Front

What is the formula for the MRS?

Back

MRS = -MU1/MU2

3.

FLASHCARD QUESTION

Front

Which condition guarantees optimal interior consumption for both goods in the Cobb-Douglas utility maximization?

Back

MRS = P1/P2

4.

FLASHCARD QUESTION

Front

What is a dominant strategy in Game Theory?

Back

Always the best choice, regardless of opponent's actions

5.

FLASHCARD QUESTION

Front

In Uncertainty, the Risk Discount is:

Back

= EV-CE

6.

FLASHCARD QUESTION

Front

The utility functions of risk-averse agents are:

Back

Strictly Concave

7.

FLASHCARD QUESTION

Front

The Envelope Theorem is commonly used to:

Back

Calculate MC/MUs directly

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

Already have an account?