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Assume the demand equations for three investors are: P= 30 -0.9 Q; ----- Equation A P= 25 -0.6 Q; ----- Equation B Qk=50 -----Equation C
Assume the demand equations for three investors are: P= 30 -0.9 Q; ----- Equation A P= 25 -0.6 Q; ----- Equation B Qk=50 -----Equation C Equation C belongs to investor Choose... Equation B belongs to investor Choose... 2 None who is perfectly calibrated 1 Equation A belongs to investor Given that overconfidence affects trading activity Which investor pays less attention to his own prior estimate? Choose Choose... 1 If the price of the stock changes from Pi to P2, where P2 > Pl, which investor would adjust the number of shares demanded more? Both 2 None If the price of the stock changes from Pl to P2, where P2 Pl, which investor would adjust the number of shares demanded more? Both 2 None If the price of the stock changes from Pl to P2, where P2
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