A derivative is any financial instrument whose value depends on ...

[Bernana]

A derivative is any financial instrument whose value depends on the:
 a. extent of asset diversification.
  b. expected rate of inflation.
  c. purchasing power of the people.
  d. value of an underlying asset.

Question 2

If average variable costs fall, marginal costs must be less than average variable costs.
  Indicate whether the statement is true or false

[InfiniteSteez]

Answer to Question 1

D

Answer to Question 2

True

[Bernana]

Thanks for the timely response, appreciate it

[ASDFGJLO]

Excellent