The recycling industry I hope this helps
The reason why commodity futures contracts are transferable is: <span>They can be bought and sold but the obligation in the contract remains valid.
Commodity futures contract is an agreement to buy or sell a specific asset at a specific price somewhere in the future.
This contract does not specify the name of the person who should buys the asset, so it could be transferable as long as the exchange is still fuiflled.
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Answer:
Withdraw from the engagement and provide no further service concerning these financial statements.
Answer: Option (a) is correct.
Explanation:
Tastes and preferences are the determinants of demand. Any change in the tastes and preferences will lead to shift the demand curve of a market. Therefore, an increase in the tastes for apples means that demand is favorable for the apple market, as a result demand curve shifts rightwards.
Hence, both equilibrium price and equilibrium quantity in the market for apples increases.