Author Question: If you are informed orange juice concentrate prices will rise in the next few months, you should ... (Read 34 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?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library