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prohojiy [21]
3 years ago
14

Entrepreneurs are well compensated in a market economy if they provide high utility to consumers at a relatively low ______.

Business
1 answer:
AysviL [449]3 years ago
5 0

Answer: cost

Explanation: In a market economy, the price of the product or service offered are determined by the market forces of demand and supply. Govt. intervention in regulating the market forces is minimal in such markets.

Thus, if the entrepreneurs produce goods at a low cost they will price it low leading to high demand for their product. Thus, they will be compensated well if they cost their product lower than others.

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Answer: B) The option premium is greater or equal to its intrinsic value because of the time premium.

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The option premium can be calculated by adding the time premium and the intrinsic value. The time premium is the part of the option premium that accounts for the time remaining till the premium matures while the intrinsic value is the difference between the value of underlying asset and the strike price.

As the time premium can be zero but never negative, the option premium can either be greater than its intrinsic value or equal to it. It cannot be lower than it because of the time premium.

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3 years ago
You anticipate your firm will need 20,000 bushels of oats in December so you hedged your position today at the closing price whe
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Answer:

The answer is "2,040".

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Gain/Loss = \text{(Market price on the date of settlement - Futures price at the date of booking)} \times Quantity\  hedged

= (2.2870- 2.1850)\times 20000  \\\\          = 0.102 \times 20000     \\\\       = 2040

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3 years ago
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eye sight would be my guess

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4 years ago
Read 2 more answers
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