Question

You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of information to help make better business decisions by answering the following questions. Soybean futures are:___.
A. investments into soybean farms where farmers pay a dvidend to investors who whole soybean futures. B. loans that buyers take out in order to buy soybeans at a low price, hold them for a short time, and sell them at a higher price to pay back their initial loan while still earing a profit. C. contracts where a buyer agrees to purchase soybeans at a specific time in the future. The price of soybean futures has increased over the last three months. as a soybean equipment supplier, how should you respond? A higher futures price indicates that farmers expect to be able to sell soybeans at____price in the future. You should____the amount of soybean farming equipment you plan on supplying to the market.

Answer 1

You manage a farm equipment supply store in iowa. Use the price of soybean futures as a signal, an incentive, and as a source of information to help make better business decisions by answering the following questions. Soybean futures are option C. contracts where a buyer agrees to purchase soybeans at a specific time in the future.

The price of soybean futures has increased over the last three months. as a soybean equipment supplier, how you would respond is that A higher futures price indicates that farmers expect to be able to sell soybeans at higher price in the future. You should increase the amount of soybean farming equipment you plan on supplying to the market.

Who is a store manager?

A store manager also known as a retail manager is the person powerfully responsible for the every day activities (or management) of a retail store. All employees working in the store report to the retail/store manager. A store manager reports to a district/area or general manager.

Therefore, the correct answer is as given above

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