Answer:
A farmer is the one that owns the cattle and is ready to sell it on the market demand, while the meatpacker is the one who buys the product and sells it in different parts to the end consumers.
Since they both are using the commodity market to reduce the risk, the farmer will be the one who agrees to sell the cattle in the future at a fixed rate, while the meatpacker will be the one who agrees to buy the cattle in the future at a specified price fixed by him.
Hope this helps. ThankYou.
C) convenience de others don’t make most of its revenues from those items
<span>The cost that John has to finance is the boat price minus the down payment:
$17,000 - $2,500 = $14,500
That amount is paid by John with a finance cost to add of $4,900 during 60 months.
$14,500 + $4,900 = $19,400 / 60 months = $323,34
Then the monthly payment is: $323,34</span>
Answer:
e) leads to uncertainty about the value of goods traded internationally
Explanation:
When a currency has a floating exchange rate, its real value changes on a day-to-day basis. When that happens constantly, traders involved in international business <u>become uncertain about the value of their goods</u> when they step into a foreign market.
When a currency has a fixed exchange rate, that will rarely be a problem.
