The contact points where the terms of forward contracts are set ...

[jhjkgdfhk]

The contact points where the terms of forward contracts are set are known as:
 a. the underlying markets.
  b. the derivative markets.
  c. the over-the-counter markets.
  d. the futures exchange.

Question 2

A firm will always maximize profit at the level of output where average total costs are minimized.
 a. True
  b. False
  Indicate whether the statement is true or false

[cswans24]

Answer to Question 1

C

Answer to Question 2

False