Author Question: Speculators believing cocoa prices are going to be higher next year will A) buy cocoa futures, ... (Read 191 times)

schs14 · **on:** Jun 29, 2018

Speculators believing cocoa prices are going to be higher next year will

A) buy cocoa futures, cause the expected future price of cocoa to fall, and induce some additional cocoa to be stored for future consumption.
B) buy cocoa futures, cause the expected future price of cocoa to rise, and induce some additional cocoa to be stored for future consumption.
C) sell cocoa futures, cause the expected future price of cocoa to fall, and induce some additional cocoa to be stored for future consumption.
D) sell cocoa futures, cause the expected future price of cocoa to rise, and induce some additional cocoa to be stored for future consumption.
E) sell cocoa futures, cause the expected future price of cocoa to fall, and induce greater current consumption of cocoa.

Question 2

Mergers between companies producing widely divergent goods is called a

A) conglomerate merger.
B) diagonal merger.
C) horizontal merger.
D) vertical merger.