Author Question: If you are informed orange juice concentrate prices will rise in the next few months, you should ... (Read 50 times)

EY67

  • Hero Member
  • *****
  • Posts: 531
If you are informed orange juice concentrate prices will rise in the next few months, you should ________ orange juice concentrate futures.
 
  But if that information becomes common knowledge, others will do the same thing, and the price of orange juice concentrate futures will ________.
 
  A) buy; rise
  B) sell; rise
  C) buy; fall
  D) sell; fall

Question 2

Refer to the scenario above. What is the change in total revenue due to the price change?
 
  A) The total revenue increases by 350.
  B) The total revenue increases by 3,400.
  C) The total revenue decreases by 1,650.
  D) The total revenue decreases by 2,275.



scikid

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

For a complete list of videos, visit our video library