After a detailed analysis of the oil stock LGCY, you determine that it is overvalued, and you plan on shorting $10,000 of it. You would like to isolate your bet on the alpha of the stock, so you want to hedge out all of your exposure to the market and to the oil industry. LGCY has a market beta of 1.1, and an oil industry beta of 1.5.
XLE (an oil stock ETF) has a market beta of 0.8 and an oil industry beta of 1.6.
SPY has a market beta of 1 and an oil industry beta of 0.1.
How could you use XLE and SPY to reduce your exposure to both risk factors to 0? If your portfolio was made up of just these three assets, what would your final position sizes be?

Match the various steps in the creative process undertaken by the ad agency for developing the campaign for wpu, to the steps in young's model of the creative process. creative process in developing wpu's campaignyoung's modelafter intensive analysis of the data and several rounds of brainstorming, the agency executives decided to take a break from this project (the wpu campaign), and instead work on a different client's project before tackling the wpu project again. using a combination of animatics and storyboards, the ad agency conducted research with a representative sample of sixty target consumers to pretest the campaign theme and the creative execution. during a brainstorming session in the creative department, a copywriter's suggestion for a slogan for wpu was recognized as an excellent central idea that could drive the campaign for wpu. the account planning, account management and creative departments at the ad agency had a series of meetings and brainstorming sessions to discuss the creative brief and the results of all the primary and secondary research done with the target consumers. the account planning and the account management groups at the ad agency conducted primary research with a representative sample of the target segment and also studied secondary research data to gain insights required for the campaign development process.

How supply and demand work together to reach the equilibrium price in the marketplace? give at least a paragraph. you!

Which of the following is a problem for the production of public goods?