Author Question: If you are informed orange juice concentrate prices will rise in the next few months, you should ... (Read 52 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?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

For a complete list of videos, visit our video library