Assume that the demand for coal is more elastic than the supply. A tax on coal will a. increase the price of coal that sellers really get, and buyers bear a smaller burden of the tax b. decrease the price of coal that sellers really get, and sellers have to bear a bigger burden of the tax c. decrease the price of coal paid by buyers, and buyers have to bear a bigger burden of the tax d. increase the price of coal paid by buyers, and sellers bear a smaller burden of the tax
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You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. the portfolio's beta is 1.12. you plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. what will the portfolio's new beta be? do not round your intermediate calculations.
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Assume that the demand for coal is more elastic than the supply. A tax on coal will a. increase the...
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