A futures contract hedges against the risks associated with the ...

[swpotter12]

A futures contract hedges against the risks associated with the volatility of spot price.
  Indicate whether the statement is true or false

Question 2

A firm enjoys a positive economic profit when:
 a. the demand curve touches the average cost curve at the profit-maximizing level of output.
  b. the marginal revenue curve has a negative intercept on the ordinate axis.
  c. the average revenue curve lies below the average cost curve at the profit-maximizing level of output.
  d. the marginal cost is declining at the profit-maximizing level of output.
  e. the average revenue curve lies above the average cost curve at the profit-maximizing level of output.

[britb2u]

Answer to Question 1

T

Answer to Question 2

e

[swpotter12]

Thanks for the timely response, appreciate it

[EAN94]

YES! Correct, THANKS for helping me on my review