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When comparing the marginal benefits of active and passive portfolio management, the logical conclusion of marginal analysis is that: a. Passive portfolio management outperforms active
When comparing the marginal benefits of active and passive portfolio management, the logical conclusion of marginal analysis is that:
a. Passive portfolio management outperforms active portfolio management.
b. More wealth should move from active to passive portfolios.
c. Investment in active and passive portfolios is well balanced.
d. Wealth should be divested from both active and passive portfolios.
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