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Vipul B.
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Economics
TutorMe
Question:

What is the condition for finding the optimal consumption bundle within a budget?

Vipul B.
Answer:

The optimal consumption bundle is given by the condition MUx/MUy=Px/Py and then this relation is substituted in the budget constraint equation X*Px + Y*Py= B MUx and MUy are marginal utilities of x and y respectively. Px and Py are the prices and B is the budget.

Finance
TutorMe
Question:

What is the significance of "beta" of a stock

Vipul B.
Answer:

Beta gives the degree of correlation between the market and stock. For example if beta of stock is 1.5 then if the market goes up by 10%, the stock goes up by 10*1.5=15%

Accounting
TutorMe
Question:

What is the basic accounting equation which is used to verify the balance sheet?

Vipul B.
Answer:

Total Assets= Total liabilities + Stockholder's equity

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