Tutor profile: Russell H.
¿Qué piensas sobre la situación de los inmigrantes ilegales en los Estados Unidos cuando Donald Trump es nuestro presidente?
La situación es triste porque los inmigrantes solamente quieren una vida mejor que la que tenían. Nuestro presidente necesita comprender que los “bad hombres” no son los inmigrantes ilegales en los Estados Unidos, son los narcotráficos y pandillas cerca de la frontera quienes quieren sacar provecho de las vidas malas de los inmigrantes antes de sus vidas en los Estados Unidos.
Why is diversification considered to be so important for an investment portfolio?
In general, investors are risk averse. Investors will pay more for less risk in an investment even if it does not have extremely high returns. In a portfolio, investors are able to mix different investments to attempt to minimize risk. To do this, they look for investments with small correlations (ranging from -1 t 1 with investments with a correlation of 1 being un-diverse from each other) to minimize the unsystematic risk and receive returns even when some investments are doing poorly. It is important to remember investors cannot eliminate systematic risk with diversification as it contains the fluctuations of the entire stock market and therefore moves ALL investments in a certain way, so there is no way to eliminate it through diversification.
How do you tell the difference between a variable, fixed, and mixed cost?
Expenses to a firm can be very different based on who the firm is paying, what it is paying for, or how it is paying it. A variable cost (or VC) is a cost that changes with the quantity of the product the firm is buying or using. An example of a VC would be Cost of Goods Manufactured (or COGM) as when the firm produces more products the cost would go up and therefore be a variable cost. A fixed cost (or FC) is a cost that stays constant no matter the quantity of goods being bought, sold, or used. An example of a FC would be the monthly salaries if the workers are being paid a fixed amount each month, week, etc. A mixed cost is a combination of fixed and variable costs as it incorporates both types of costs in its final cost. An example of a mixed cost could again be wages if the supervisors are being paid a fixed monthly salary while the line workers are being paid on a per unit basis.
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