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Author Question: A futures contract hedges against the risks associated with the volatility of spot price. Indicate ... (Read 148 times)

swpotter12

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on: Jun 30, 2018
A futures contract hedges against the risks associated with the volatility of spot price.
  Indicate whether the statement is true or false

Question 2

A firm enjoys a positive economic profit when:
 a. the demand curve touches the average cost curve at the profit-maximizing level of output.
  b. the marginal revenue curve has a negative intercept on the ordinate axis.
  c. the average revenue curve lies below the average cost curve at the profit-maximizing level of output.
  d. the marginal cost is declining at the profit-maximizing level of output.
  e. the average revenue curve lies above the average cost curve at the profit-maximizing level of output.


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britb2u

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Reply #1 on: Jun 30, 2018
Answer to Question 1

T

Answer to Question 2

e


swpotter12

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

Dinolord

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Reply 3 on: Yesterday
Excellent

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