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Author Question: Which of the following is a property of a forward contract? a. In a forward contract cash is traded ... (Read 154 times)

AEWBW

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Which of the following is a property of a forward contract?
 a. In a forward contract cash is traded for immediate delivery.
  b. The buyer of a forward contract is short while the seller of the contract is long.
  c. In a forward contract, the seller must own the commodity which is being traded.
  d. The value of future delivery depends on the market price of the commodity.

Question 2

If marginal revenue is greater than marginal cost, a producer must reduce the level of output to maximize profit.
 a. True
  b. False
  Indicate whether the statement is true or false



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macybarnes

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Answer to Question 1

D

Answer to Question 2

False




AEWBW

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


Dnite

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Reply 3 on: Yesterday
Excellent

 

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