Author Question: If you are informed orange juice concentrate prices will rise in the next few months, you should ... (Read 58 times)

EY67

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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

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Answer to Question 1

A

Answer to Question 2

B



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