Answer:
B. sell a "deep in the money" European style call of the stock
Explanation:
The difference between an American style call and a European style call is that the American style can be exercised any time before the expiration date, while the European style call is only exercised at the date of expiration.
The customer in this question, has a pre-defined point in time when he wishes to exit his long stock postion. Therefore he is selling a "deep in the money" European style call of the stock
Answer:
b. bb and BB
Explanation:
For example, pattern of baldness is dominant in man and recessive in female. This is because the gene for baldness (B) in heterozygous state (Bb) expresses itself in male but not in female. It means gene B for baldness behaves as a dominant in male and as a recessive in female. In man due to influence of male sex hormone, a single gene for this trait can cause loss of hair.
But in woman (due to the absence of the male sex hormone) two genes are required to produce baldness.
BB or Bb = Bald in males
bb = not bald in male
BB = Bald in females
Bb or bb = not bald in females
Non-bald womam (bb; XX) x Bald man (BB; XY)
XB BY
Xb XX; Bb (non-bald daughter) XY; Bb (bald son)
Answer:
The correct answer is option A.
Explanation:
Marginal cost is the cost of producing an additional unit of output. It is the increase in the total cost when an additional unit of output is produced.
The marginal cost curve is a U shaped curve. Initially, the marginal product of labor is rising, so the marginal cost will be decreasing. But after reaching a certain maximum point, the marginal product of labor starts declining. At the same time, the marginal cost of production will start rising.
Answer:
change in the price level only causes a movement along the curve.