Na recent closely contested lawsuit, apex sued bpex for patent infringement. the jury came back today with its decision. the rate of return on apex was ra = 3.3%. the rate of return on bpex was only rb = 2.7%. the market today responded to very encouraging news about the unemployment rate, and rm = 3%. the historical relationship between returns on these stocks and the market portfolio has been estimated from index model regressions as: apex: ra = 0.6% + 1.2rm bpex: rb = −0.1% + 0.5rm a. what is the predicted returns for apex & bpex?

Anew japanese restaurant opens two blocks from your home. the owner, reiko, is a personal friend of yours. you don't particularly like japanese food, but you decide to go anyway; however, there is nothing on the menu that sounds appealing. unfortunately, it turns out that most of the people in your town don't like japanese cuisine either. reiko confides that business is not good, but she isn't sure what to do from an economic standpoint. which of the following would most likely describe adam smith's perspective on this problem? select one: a. reiko should ask the government for assistance. b. reiko should close the restaurant and find a different career. c. reiko should lay off workers and do everything herself to save money. d. reiko should add other foods to the menu and offer discounts to attract more people to her restaurant.